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BNB

Binance Ceases P2P Transactions in Uzbekistan Due to Regulatory Compliance

Binance has disabled P2P services for Uzbekistan — transfers are no longer functioning. Users have observed that the ability to exchange and purchase in Uzbek soums is no longer available. Binance stated that the feature has been blocked "in compliance with legislation." Direct buying and selling of cryptocurrencies between users is now impossible. Binance will continue operations in Uzbekistan through its official partner, Coinpay. Subscribe and follow our channel for updates.
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AI Analysis

The suspension of Binance's P2P services in Uzbekistan indicates a response to regulatory pressures or legislative changes within the country. This move reflects the increasing scrutiny of cryptocurre...

AI Recommendation

Given these developments, users should exercise caution when engaging in P2P crypto transactions in Uzbekistan and consider alternative platforms or methods cautiously. It is advisable to keep abreast...

Disclaimer

The AI analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.

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