Binance cryptocurrency exchange demands that rubles be withdrawn from their accounts within a week, as the platform will stop all transactions with Russian currency after January 31. This has been reported Web site stock markets.
Binance advised users to exchange their ruble holdings for other assets available on the platform, convert Russian currency into cryptocurrency or withdraw through fiat partners.
Starting at 11:00 Moscow time on February 1, 2024, all ruble-denominated assets will automatically be converted to the FDUSD stablecoin.
Before this, it was known in India on Friday, January 14. Blocked Access to the websites of the world’s largest cryptocurrency exchanges and providers of virtual digital assets such as Binance, Kucoin, OKX and others.
This comes after the government issued subpoenas demanding explanations from these crypto exchanges for failing to comply with the country’s anti-money laundering laws. Industry representatives noted that blocking access to listed foreign platforms is aimed at helping domestic crypto exchanges, some of which are already seeing an increase in registrations.
formerly venezuela denied From Petro’s own cryptocurrency.