KuCoin Pulls All Products From Users in Russia and Belarus, Effective Immediately

KuCoin cut off users in Russia and Belarus on Thursday, the exchange announced , without publishing a date by which those customers must move their funds. KuCoin said in its notice that it “will discontinue services for users in Russia and Belarus effective immediately,” and that the shutdown “will comprehensively cover access to all KuCoin products, services, and features.” The notice pointed to “applicable legal and regulatory requirements” but did not name a specific rule or sanctions measure. Customers whose accounts are affected “will receive a notification with the relevant deadlines and instructions for orderly closure,” KuCoin said in the announcement , adding that it intends to let them “close positions and withdraw their assets.” Users who get no such message need to do nothing, the company said.

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