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Top crypto exchange eases restrictions on Russians β media
Users can once again make deposits at Binance using domestically-issued bank cards, reports have claimed
Leading global cryptocurrency exchange Binance has scrapped some of the restrictions it imposed on Russian users last year amid Ukraine-related sanctions, crypto news website Forklog has reported.
According to the outlet, users are again able to deposit Russian rubles, euros, British pounds, and other currencies onto the platform from bank cards issued in Russia. Additionally, the exchange appears to have removed previous limits for Russia-linked accounts with balances larger than β¬10,000 ($11,000).
Support services at Binance, which is the worldβs largest cryptocurrency exchange by trading volume, reportedly confirmed to an authorized user that transactions with Russian bank cards are once again available.