13:00 - 21.04.2022

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April 21, Fineko/abc.az. Binance Holdings Ltd., the world’s largest cryptocurrency exchange by trading volume, is set to limit services for Russian persons or entities with crypto assets exceeding the value of 10,000 euro ($10,885).

ABC.AZ reports that information about this appeared in the exchange’s support chat.

Clients of such a platform will only be able to use the money withdrawal function, they are prohibited from trading or depositing additional funds to their account.

“Accounts of Russian users, the amount of assets on which exceeds 10,000 euro will be transferred to the withdrawal-only mode. From now on, such clients of the exchange will not be able to trade on it or deposit additional funds to their accounts," the exchange informs.