KuCoin Ceases Operations in Russia and Belarus

Cryptocurrency exchange KuCoin has officially ceased services for users from Russia and Belarus. The decision was made to comply with legislative and regulatory requirements.

The cessation of products and services is immediate. The platform notifies the completion of all functions for residents of these countries.

Users are given the opportunity to close open positions and withdraw accumulated assets. Affected accounts will receive personal notifications with specific deadlines and step-by-step instructions.

If an official notification has not been received, no action is required at this time. Exact dates for the end of fund withdrawals are currently undisclosed.

Previously, similar steps were taken by other major platforms: HTX, MEXC, and Bitget. This indicates a general trend of tightening regulation in the region.