Binance Returns To Russia
Binance, the world’s largest cryptocurrency exchange by trading volume, discreetly relaxed restrictions placed over a year ago on Russian citizens and residents. After the European Union imposed sanctions on Russia in reaction to its attack on Ukraine in March 2022, Binance declared that it will no longer accept deposits from Visa and Mastercard cards issued in Russia, as well as any Visa and Mastercard deposits made from Russia.
Users can now deposit Russian rubles, euros, British pounds, and other currencies using bank cards issued in Russia, according to crypto news website Forklog on Saturday.
Earlier in April, Russian users also reported that Binance lifted limits for accounts with balances larger than 10,000 euros for users in Russia. The exchange has not officially released a statement on either of these changes.
(With inputs from Shikha Singh)
You need to login in order to Like
