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Crypto exchange Binance curbs services in Russia

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:The world's largest cryptocurrency exchange is deactivating the accounts of its major clients in Russia, it said on Thursday, cutting back its services in the country in line with European Union sanctions.Binance told users that Russian nationals and people living in the country, as well as companies based t

:The world's largest cryptocurrency exchange is deactivating the accounts of its major clients in Russia, it said on Thursday, cutting back its services in the country in line with European Union sanctions.

In its fifth package of sanctions on Russia, the EU this month targeted digital wallets used to store, send, receive and spend cryptocurrencies, part of broader efforts to close potential loopholes that could allow Russians to move money abroad.

 

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Crypto exchange Binance limits services in Russia after EU sanctionsBinance, the largest crypto exchange by trading volumes, said on Thursday it is limiting services for Russian nationals that have crypto assets exceeding 10,000 euros ($10,912.00), in light of European Union's (EU) latest sanctions against Russia.Earlier this month, EU in its fifth package of sanctions ag
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