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Russians

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09 Mar 23

Binance bans buying EUR and USD using P2P for Russians

Russian clients may no longer use Binance’s P2P service to purchase and sell U.S. dollars and Euros. The Exchange said the move was motivated by the E.U.’s ninth round of sanctions on Russia. The firm has disabled P2P transactions for Russian citizens and residents. According to reports, the exchange has made it illegal for E.U. nationals to trade […]

In the eighth package of sanctions the EU banned citizens of the Russian Federation from owning Cryptocurrency wallets in the Eurozone

31 Jan 23

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 […]