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BTCC / BTCC Square / Global Cryptocurrency /
Weld Money Exits Ukraine Amid Military and Regulatory Challenges

Weld Money Exits Ukraine Amid Military and Regulatory Challenges

Author:
Global Cryptocurrency
Published:
2025-05-27 13:03:02
13
1

Weld Money, a cryptocurrency platform known for its Weld Card digital asset payment solution, has announced its withdrawal from the Ukrainian market. The decision cites "military and regulatory restrictions" as primary factors, though specific details remain undisclosed.

Users have been instructed to withdraw funds from wallets and cards by June 30, 2025, after which access may be restricted. The startup previously gained attention for bridging crypto payments with traditional commerce, but geopolitical headwinds have forced its retreat.

Co-founder Alexei Bobok has yet to clarify the nature of the restrictions. The MOVE underscores the operational challenges crypto ventures face in conflict zones and evolving regulatory landscapes.

|Square

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