KuCoin suspends services in Russia and Belarus
Summary
KuCoin immediately suspended all products and services for users in Russia and Belarus, citing legal and regulatory compliance. It said affected users would have an orderly process to withdraw their assets. The decision comes amid international sanctions over the war in Ukraine. Separately, Russia’s central bank approved NAUFOR as a self-regulatory body for crypto exchanges and custodians; registered entities must join such an organization within 90 days.
