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KuCoin to Exit Russia and Belarus, Sets Account Closure Deadlines

(2 hours ago) · 1 source · Summarized by CryptoBipto

Cryptocurrency exchange KuCoin has announced it will stop serving users in Russia and Belarus. The exchange has set individual account deadlines for affected users to withdraw their funds.

WHY IT MATTERS

A cryptocurrency exchange is a platform where people buy, sell, and trade digital currencies — similar to a stock exchange but for crypto.

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SOURCES

  • newsbtc.com

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Exchange ComplianceSanctionsRussiaBelarusUser Withdrawals