Traders Are Now Banned From Using Localbitcoins Exchange in Iran

Traders from Iran have been banned from using the peer-to-peer trading platform within the country. The Iranian section of the website displays a short message that states that the exchange is “currently not available.” The news follows significant Iranian rial trade volume on the Localbitcoins platform, which has been climbing steadily over the last few weeks.

Also read: Bitcoin Miner Recounts Struggle to Obtain Cheap Iranian Power

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