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Crypto Regulation

KuCoin Pulls All Products From Russia and Belarus Users Immediately

KuCoin has withdrawn all products from users in Russia and Belarus, effective immediately, without naming the rule behind the cutoff. The same day, Russia’s central bank said registered crypto exchange operators have 90 days to join a newly approved self-regulator. The exchange’s notice gave no further explanation for the move.

Original source

AI take

The timing is the story: a major exchange cutting off two entire markets on the same day Moscow moves to formalize crypto oversight through a self-regulator suggests compliance positioning rather than a technical or commercial decision. KuCoin's silence on the rule behind the cutoff leaves users and counterparties guessing, which is itself a signal about how much latitude exchanges have to act preemptively. The open question is whether other venues follow suit or treat this as isolated, and whether the 90-day self-regulator window becomes the reference point for how Russian and Belarusian access is ultimately structured.

Generated by AI for reference only.

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