One of the largest crypto exchanges, Bybit, has announced that it will stop servicing clients from Uzbekistan. This decision was made due to the tightening of regulations on the cryptocurrency market in this country.
Starting from December 6, 2024, users from Uzbekistan will no longer be able to open new positions. All existing positions and loans will be automatically closed by January 6, 2025. Bybit crypto debit cards will also no longer be serviced.
Account balances that do not reach the minimum withdrawal amount will be converted into Mantle tokens (MNT). This will allow users to withdraw their funds.
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