Mercury’s CEO, Immad Akhund, shared his disappointment on Twitter about a recent decision affecting Pakistan-based beneficial owners. “It is especially sad since I was born in Pakistan,” he stated.
Mercury stopped letting new owners join because more than 10% of people signing up from Pakistan were doing bad things. Akhund said this problem didn’t happen with any other country that Mercury helps.
“We didn’t have this issue with any other country we support,” Akhund mentioned. He expressed uncertainty about the solution but emphasized the need for Pakistan to address the problem. “Not sure what the solution is but PK needs to clean up its act,” he concluded.
Mercury wants to keep their platform safe for everyone. They found that many new accounts from Pakistan were not honest, which could cause big problems. So, Mercury decided to stop letting new people sign up from Pakistan to keep their services safe.
If you’re a business or person affected by this, Mercury is here to help you. They care about their users and want to support you during this time of change.
To read our blog on “Mercury to shut down Pakistan accounts by August now,” click here