Nigerian social payments app shuts down crypto exchange services

Package specified that it will cease operations of its exchange services as part of the investors decision to reorganize the organization to focus on Cashlink.Screenshot of Bundle press release statement. In the companys press release, it verified that users wont be able to sign up on Bundle, deposit assets into their Bundle wallet, swap properties in their Bundle wallet (except USDT) or withdraw with Cashlink if they do not have NGN or fiat on Bundle.According to the statement, all Bundle users are advised to withdraw their assets from the app on or before September 12, 2023. The company specified actions for its users in Nigeria, Ghana, Kenya and other francophone-speaking countries to successfully withdraw their assets.Related: Nigerian crypto tax move is early– Local stakeholdersUsers in these places can withdraw their funds from Bundle to any exchange they prefer.