KuCoin Halts Services for Russian and Belarusian Users Citing Regulatory Compliance

KuCoin, a major cryptocurrency exchange, announced it is immediately ceasing services for users in Russia and Belarus, citing legal and regulatory requirements. This marks a notable compliance shift for a platform previously serving these markets, likely reflecting increased sanctions pressure or regulatory tightening. The move could signal broader crypto exchange exits from Russia, affecting cross-border capital flows and sanctions evasion channels.

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