Exchange continues to add exchanges with practice of closing doors to Russian users

Hello dear and loyal readers, today I bring you a rather turbulent topic, if we take into account that exchanges continue to add to the list of cryptocurrency exchange platforms that decide to close their doors to Russian users.

Kraken is the latest cryptocurrency exchange to restrict Russian users' accounts on its platform in compliance with European Union sanctions.

According to information published on the cointelegraph portal, the Kraken exchange sent e-mails to its Russian customers yesterday, October 19, announcing that the exchange is ceasing to provide services to its Russian customers.

The text of the aforementioned email reads, "Due to new European legislation, we have to take measures to restrict your Kraken account," according to an email statement Russian users could withdraw their funds upon request.

I should point out, that the Kraken exchange did not specify whether there is a time limit for withdrawing funds from the exchange for Russian citizens. A Kraken spokesman said that the firm complies with legal and regulatory requirements in all jurisdictions" of its operations..

The truth is that, since the EU announcement, we have been working to make the necessary changes to comply with the latest package of sanctions against Russia, hence, the new restrictions imposed by Kraken are not the first time the exchange has faced regulators forcing centralized exchanges to close certain accounts.

Me gustaría conocer tus impresiones sobre los resultados de esta encuesta.

SOURCES CONSULTED

Cointelegraph.. Kraken crypto exchange is next to close doors to Russian users. Link

OBSERVATION:

The cover image was designed by the author: @lupafilotaxia, incorporating image: Cryptosrus.

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Hello Luis.

Many sanctions against Russia that end up affecting more those who are part of the Blockchain in that country than the government as such, now many exchange platforms that prohibit Russian users in using them, in the end they will always look for ways to overcome this situation.