LocalBitcoins, a top of the line shared exchanging platform, has suspended exchanging accounts from a few African nations as indicated by an email circling the web.
As per an email shared by a broker with a Kenyan blog, LocalBitcoins gave a rundown of nations influenced by the record suspension.
The explanation refered to in the email asserts that the European Union characterizes these nations as zones that require “an improved due diligence process.”
Countries mentioned in the email include Ethiopia, Botswana, Tunisia, Libya, Nigeria, and Ghana. Reports reaching us also indicate that some other African countries not stated on the list might have also been affected by the suspension.
Traders affected by the suspension can withdraw their funds or wait till their accounts are re-verified and activated.