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Breaking News: First Hyperliquid ETF Launch: Day One Volume Hits $1.8M–Key Details
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Breaking News: First Hyperliquid ETF Launch: Day One Volume Hits $1.8M–Key Details

OKPay Says No Way to Cryptocurrencies

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Last Updated: October 7, 2020 11:41 am
1 min read

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OKPay Screenshot Cryptocurrency

It would appear as if financial services company OKPay is imposing restrictions on users who may wish to buy bitcoin using GBP transfers. A screenshot account fund page was submitted to social sharing website Reddit Thursday showing a checkbox with the text “I hereby confirm that will not use the funds for purchasing or exchanging crypto-currencies.

According to a poster on the above-linked page, OKPay appears to be using Mayzus Financial Services as their bank — the same bank in use by exchange BTC-e. BTC-e has reportedly been having bank issues, and some have been left wondering if that is exactly what this is all about — banking problems.

The whole situation is unclear at the moment, but we should not jump to conclusions. More information as it becomes available.

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