Encrypted payment provider Wyre announced that it is changing the withdrawal rules. It stated that although customers will continue to be able to withdraw their funds, they will limit withdrawals to no more than 90% of the current funds in each customer account, and customers must abide by the current daily limit. rule. In addition, Wyre has also introduced changes to the management structure, with the original CEO currently transitioning into the new role of executive chairman, and former chief risk officer and chief compliance officer Stephen Cheng as the new interim CEO. Wyre also stated that it is exploring strategic options for the company to enable it to navigate the current market environment and achieve its mission to simplify and revolutionize the global payments ecosystem. Wyre will continue to operate.