COINDESK · 2026-10-29 16:51 UTC

KuCoin exits Russia and Belarus as crypto exchanges withdraw from Western-sanctioned markets

KuCoin is ending all services for customers in Russia and Belarus effective immediately, citing compliance with legal and regulatory requirements. The move follows similar restrictions by MEXC and Bitget this month, as Western sanctions on Russia continue to restrict financial activity. KuCoin previously agreed to pay $300 million in January 2025 for operating an unlicensed money-transmitting business in the U.S., and faces CFTC restrictions on serving U.S. customers.

Loading the story on Tree News…