exchange ·
KuCoin exits Russia, Belarus following crypto exchange withdrawals from Western-sanctioned markets
KuCoin is ceasing operations in Russia and Belarus.
This decision follows comparable actions taken by MEXC and Bitget earlier this month.
These withdrawals signal a trend among crypto exchanges exiting markets subject to Western sanctions.
The closure of accounts in these two nations is a direct response to the prevailing regulatory environment.
This movement underscores increasing compliance pressures faced by market participants.
The actions taken by KuCoin, MEXC, and Bitget reflect a broader industry recalibration concerning international market access.
