FinanceFeedsCrypto

KuCoin Important Notice: Discontinuation of Services in…

By PressRelease

Photo for: KuCoin Important Notice: Discontinuation of Services in…

AI summary of the source article

KuCoin has discontinued all services, products, and features for users in Russia and Belarus effective immediately. The platform stated it will carry out an orderly termination process allowing affected users to close positions and withdraw assets.

Why it matters

KuCoin stated the decision was made "In line with applicable legal and regulatory requirements".

Key facts

  • KuCoin immediately discontinued services for users in Russia and Belarus.
  • The discontinuation covers access to all KuCoin products, services, and features.
  • Affected users will receive notifications with deadlines and instructions to close positions and withdraw assets.

Source excerpt · FinanceFeeds

At KuCoin, compliance has always been fundamental to our operations. In line with applicable legal and regulatory requirements, KuCoin will discontinue services for users in Russia and Belarus effective immediately. This will comprehensively cover access to all KuCoin products, services, and features. We recognise this may cause inconvenience to affected users, and we are committed to an orderly t…