Blockchain.com and LocalBitcoins Ban Russian Users From Their Platforms

The Russian users of P2P platform LocalBitcoins and crypto wallet operator Blockchain.com have received notifications about the termination of their services due to the introduction of new EU sanctions against Russia.

Blockchain.com has allowed the affected users to withdraw deposits until October 27, after which it will block accounts.

Regarding LocalBitcoins, despite the company has not specified the specific timing of the introduction of restrictions, it has noted that citizens and residents of the EEA or Switzerland will be able to continue to use the services of the platform.

Regarding Binance, at the moment the exchange “has not introduced any new restrictions” and they “have no changes in existing communications with Russian users.”

staff
yourcryptostop.com