Crypto exchange LocalBitcoins is closing long-term client accounts in three regions: Africa, the Middle East and Asia

According to news from Finance Magnates on January 28, the crypto exchange LocalBitcoins is closing long-term customer accounts in three regions of Africa, the Middle East and Asia. "Forbes" reported that the platform has users in Afghanistan, Iraq, Nigeria, Syria and Pakistan. Reports indicate that platform users in all three regions have received messages urging them to "by deleting accounts and withdrawing Bitcoin", but many have claimed that they cannot withdraw their assets because the accounts have been "deactivated." Although not officially notified, the LocalBitcoins shutdown may have started since the beginning of last week as many users found that their accounts were suspended on January 20.