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Binance recommends P2P as Ukraine suspends fiat deposits on exchanges

Cryptocurrency exchange Binance is recommending the use of peer-to-peer (P2P) services following restrictions imposed by the National Bank of Ukraine (NBU). Ukraine temporarily suspended hryvnia, its national currency, via banking cards for fiat deposits and withdrawals on crypto exchanges. Binance recommends using P2P services Binance and the leading Ukrainian exchange, Kuna, announced temporary suspensions of […]
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In the eighth package of sanctions the EU banned citizens of the Russian Federation from owning Cryptocurrency wallets in the Eurozone

Russians look to new crypto exchanges amid restrictions

Russian crypto traders’ access to global exchange platforms is limited. The limitations have prompted traders to look for ‘unrestricted’ exchange accounts. According to local Russian news outlet Kommersant, the offering of such accounts on the dark web has significantly increased over the last year.  Crypto accounts for Russian users Many Russian residents are buying ready-to-use […]
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Indians moved cryptos to foreign exchanges in 2022

Research shows that India’s new tax policy has driven the country’s cryptocurrency users away from national exchanges over the last year. According to a new report from the Esya Centre, Indian citizens have moved over $3.8 billion in trading volume from local to international cryptocurrency exchanges since the country announced new tax rules for blockchain-based […]
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