Friday, September 20, 2024

Belarus-born crypto platform halts operations for Russians in response to invasion of Ukraine By Cointelegraph

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Belarus-born crypto platform halts operations for Russians in response to invasion of Ukraine

Crypto buying and selling firm Forex.com has introduced it halted operations for purchasers based mostly in Russia following the nation’s “violence and dysfunction” imposed on the folks of Ukraine.

In a Tuesday announcement, Forex.com mentioned Russian residents would now not be capable to entry its providers following the platform’s determination to cease Russia-based purchasers from opening new accounts. Based on Forex.com’s web site, the Gibraltar-based crypto buying and selling platform has places of work in Kyiv, London, and Vilnius, however was beforehand licensed and headquartered in Belarus.