Weld Money, a cryptocurrency card provider operating in Ukraine, has announced its withdrawal from the country amidst escalating military restrictions and regulatory uncertainty. The startup, citing these factors as primary drivers, is preparing to close operations within the coming weeks. Customers are being urged to withdraw their funds by June 30th, with potential access limitations post-deadline. 2025 saw a string of other crypto firms leave the Ukrainian market, including Kuna and Trustee Plus. These closures follow customer complaints regarding service disruptions earlier this year, highlighting the impact of the ongoing war on the country’s crypto ecosystem. Despite Ukraine’s government’s generally positive stance towards cryptocurrency assets and efforts to establish a Bitcoin reserve, the conflict has severely impacted businesses in the sector. Regulatory uncertainty surrounding tax obligations and delayed legislation further hampered Ukrainian crypto companies. Weld Money joins other startups facing similar challenges as they adapt their business strategies in light of these changes.