Crypto cross-border financial platform Offramp to cease operations

CoinFeed July 4 news, the crypto-native cross-border platform Offramp, mainly targeting Latin American freelancers, announced it will cease operations. Functions such as transfers, QR code payments, deposits, and investments were already disabled on July 1. Starting July 31, Offramp will stop fiat deposits and withdrawals and cryptocurrency deposits, and disable physical and virtual cards and stop mobile app operation. On September 30, Offramp will stop cryptocurrency withdrawals, and on December 31, savings and investment accounts will all be closed, and it will officially cease operations.