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KuCoin Exits Russia and Belarus Markets Due to Western Sanctions
(4 hours ago) · 1 source · Summarized by CryptoBipto
Cryptocurrency exchange KuCoin has announced its withdrawal from Russia and Belarus, joining other exchanges that have pulled out of markets subject to Western sanctions. The move reflects a broader trend of crypto platforms distancing themselves from sanctioned jurisdictions.
WHY IT MATTERS
When governments impose sanctions on a country, they restrict businesses from providing services there.
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SOURCES
- coindesk.com
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