Business · Companies · 11 hrs ago

KuCoin halts services for users in Russia and Belarus

KuCoin halts services for users in Russia and Belarus

KuCoin has stopped serving users in Russia and Belarus with immediate effect.

The cryptocurrency exchange said the change covers access to all its products, services and features.

It said the move follows applicable legal and regulatory requirements.

The shutdown affects all KuCoin services in both countries.

KuCoin said it aims to give affected users an orderly way to close their positions and withdraw their assets.

Users will receive notices with deadlines and instructions for doing so.

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What people are saying

KuCoincryptocurrency exchange
In line with applicable legal and regulatory requirements, KuCoin will discontinue services for users in Russia and Belarus effective immediately.
via TASS
We recognize this may cause inconvenience to affected users, and we are committed to an orderly termination process that allows affected users to close positions and withdraw their assets.
via TASS