Cryptocurrency News

Binance Crypto Exchange Will Not Accept Sanctioned Russian Banks’ Cards

Cryptocurrency exchange, Binance will not accept cardholders of sanctioned Russian banks, with the cardholders’ access restricted.

Cryptocurrency exchange Binance on Thursday said cardholders of sanctioned Russian banks would not be able to use them on their platform and confirmed that sanctioned individuals had their access restricted.

Some of the world’s biggest cryptocurrency exchanges are staying put in Russia, breaking ranks with mainstream finance in a decision that experts say weakens Western attempts to isolate Moscow following the invasion of Ukraine.

(This story has not been edited by NDTV staff and is auto-generated from a syndicated feed.)

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