Binance Lifts Ban On Russian Users, But Not On P2P By DailyCoin

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Binance Lifts Ban On Russian Users, But Not On P2P
  • Binance lifted some restrictions on Russian users.
  • The exchange claims it is still abiding by EU sanctions.
  • Russian users still can’t access Binance’s P2P trading.

The crypto community is closely watching the impact of sanctions and boycotts against Russia after its invasion of Ukraine on the crypto industry. Now, a year after the start of the war, the largest crypto exchange quietly lifted some restrictions for its Russian users.

Russian users can once again use their local credit cards to deposit fiat on Binance. They can also hold balances over 10,000 euros. However, P2P trading is still not available for Russians.

Binance Removes Key Restrictions for Russian Users

Russian users can once again use their local Mastercard (NYSE:) and Visa (NYSE:) cards for fiat deposits, crypto news site Forklog reported on Sunday,…

Continue Reading on DailyCoin

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Binance Lifts Ban On Russian Users, But Not On P2P
  • Binance lifted some restrictions on Russian users.
  • The exchange claims it is still abiding by EU sanctions.
  • Russian users still can’t access Binance’s P2P trading.

The crypto community is closely watching the impact of sanctions and boycotts against Russia after its invasion of Ukraine on the crypto industry. Now, a year after the start of the war, the largest crypto exchange quietly lifted some restrictions for its Russian users.

Russian users can once again use their local credit cards to deposit fiat on Binance. They can also hold balances over 10,000 euros. However, P2P trading is still not available for Russians.

Binance Removes Key Restrictions for Russian Users

Russian users can once again use their local Mastercard (NYSE:) and Visa (NYSE:) cards for fiat deposits, crypto news site Forklog reported on Sunday,…

Continue Reading on DailyCoin

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