Stock Groups

Crypto exchange Binance says will not accept cards of sanctioned Russian banks -Breaking


© Reuters. FILE PHOTO : In this illustration, the representations of cryptocurrencies Bitcoin (Ethercoin, DogeCoin and Ripple are seen in front a Binance logo. It was taken June 28th, 2021. REUTERS/Dado Ruvic/Illustration

MOSCOW (Reuters), – Cryptocurrency platform Binance said Thursday that cardholders from sanctioned Russian banks will not be able use their cryptocurrency on its platform. It also confirmed that access to the platforms has been restricted for sanctioned persons.

The world’s largest cryptocurrency exchanges have decided to stay in Russia. They are breaking with mainstream finance, a move that experts believe weakens Western attempts at isolating Moscow in light of Ukraine’s invasion.

Disclaimer: Fusion MediaWe remind you that this site does not contain accurate or real-time data. CFDs are stocks, futures, indexes or Forex. The prices of Forex and CFDs are not supplied by exchanges. They are instead provided by market makers. Because prices might not reflect the market, they may be incorrect. This means that prices cannot be considered indicative and are inappropriate for trading. Fusion Media does not accept any liability for trade losses you may incur due to the use of these data.

Fusion MediaFusion Media or any other person involved in the website will not be held responsible for any loss or damage resulting from reliance on this information, including charts, buy/sell signals, and data. Trading the financial markets is one of most risky investment options. Please make sure you are fully aware about the costs and risks involved.