KuCoin Closes Russian and Belarusian Accounts, Following MEXC and Bitget
KuCoin is closing user accounts in Russia and Belarus, both under Western sanctions. The move comes after MEXC and Bitget announced similar steps earlier this month. For traders, it shows exchanges are pulling back from sanctioned markets, which could affect how regional users access crypto platforms.
Why it matters
- KuCoin is closing accounts in Russia and Belarus, both Western-sanctioned markets.
- MEXC and Bitget announced similar account closures earlier this month.
- The pattern suggests more exchanges may tighten access to sanctioned regions.
What to watch next
Watch whether other major crypto exchanges announce similar account closures or new sanctions-related restrictions in the coming weeks.
