Binance To Stop Accepting Russian Mastercard and Visa Cards By CoinQuora
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- Russian Binance users will be unable to transact with Mastercard (NYSE:) and Visa (NYSE:) cards on the platform, effective March 9 at 10 AM UTC+3.
- The announcement was made by Binance on Twitter (NYSE:).
- CEO Changpeng Zhao said that the decision was out of their hands.
Russian Binance users will no longer be able to transact with Mastercard and Visa cards on the platform.
The world’s largest cryptocurrency exchange by trading volume, Binance, announced today that “all transactions initiated with Mastercard and Visa cards issued in Russia will be unavailable on Binance.” This will be effective starting March 9 at 10 AM UTC+3.
Adding to the restriction on Russian Mastercard and Visa cards on the exchange platform, all transactions initiated with Mastercard and Visa cards by financial institutions outside of Russia will also be unavailable within the Russian Federation on Binance.
This follows the global sanctions imposed on Russia and all of the Russian citizens to pressure the nation’s presidency to end their attempt to invade Ukraine.
Continue reading on CoinQuora
Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.
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- Russian Binance users will be unable to transact with Mastercard (NYSE:) and Visa (NYSE:) cards on the platform, effective March 9 at 10 AM UTC+3.
- The announcement was made by Binance on Twitter (NYSE:).
- CEO Changpeng Zhao said that the decision was out of their hands.
Russian Binance users will no longer be able to transact with Mastercard and Visa cards on the platform.
The world’s largest cryptocurrency exchange by trading volume, Binance, announced today that “all transactions initiated with Mastercard and Visa cards issued in Russia will be unavailable on Binance.” This will be effective starting March 9 at 10 AM UTC+3.
Adding to the restriction on Russian Mastercard and Visa cards on the exchange platform, all transactions initiated with Mastercard and Visa cards by financial institutions outside of Russia will also be unavailable within the Russian Federation on Binance.
This follows the global sanctions imposed on Russia and all of the Russian citizens to pressure the nation’s presidency to end their attempt to invade Ukraine.
Continue reading on CoinQuora
Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.