Fiat24 Suspends Crypto Top-ups and Registrations for Internal Control Upgrades

Fiat24 halts crypto deposits and new sign-ups from July 14 to upgrade risk management systems, while maintaining fiat wire and P2P services.

Woofun AI reports that Fiat24 has suspended cryptocurrency top-ups and paused new user registrations effective July 14. The platform cited rapid growth in user base and transaction volume exceeding its current risk management, compliance, and customer service capacity as the reason for the pause. International wire transfers, foreign exchange services, and P2P payments continue to operate normally, with no specific date announced for resuming crypto asset top-ups.