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Largest crypto exchange- Binance, will no longer support Russian Mastercard and Visa cards from March 9th

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Largest crypto exchange- Binance, will no longer support Russian Mastercard and Visa cards from March 9th
Largest crypto exchange- Binance

Largest crypto exchange- Binance, will no longer support Russian Mastercard and Visa cards from March 9– The world’s largest cryptocurrency exchange, has announced and confirmed that it will stop accepting Mastercard and Visa cards issued in Russia from March 9th.

All transactions initiated through them outside the Russian Federation will also be inaccessible within the country.

The international exchange for cryptocurrencies, Binance, has announced that it will stop accepting MasterCard and Visa cards in Russia from March 9th, All transactions initiated through them outside the Russian Federation will also be inaccessible within the country.


Read More: Ukraine legalizes cryptocurrencies- Zelensky signing the law “On virtual assets”, which legalizes cryptocurrencies in Ukraine


The Largest crypto exchange- Binance,

Binance announced the move on its blog after the world’s largest operators said they would stop serving Russia as part of sanctions due to the outbreak of war with Ukraine. American Express also closed its operations in Russia last week.

Binance- Cryptocurrency exchange

Binance– Binance is a cryptocurrency exchange that is the largest exchange in the world in terms of daily trading volume of cryptocurrencies. It was founded in 2017 and is registered in the Cayman Islands. Binance was founded by Changpeng Zhao.

You can register on Binace for Buy/Sell Bitcoin, Etherium, Filecoin, Etherium Classic, etc. by this link- click here for register on binance

Binance CEO Changpeng Zhao, also known as “CZ”, announced that the decision was beyond the company’s control.

It’s not in our hands. Not our decision,” he wrote in the comments.

See Also: What is a SWIFT code in bank details in simple words? How to find SWIFT Code?

A day earlier, American cryptocurrency exchange Coinbase blocked more than 25,000 blockchain addresses associated with Russian individuals or legal entities.

As part of sanctions against the Russian Federation, several large banks in the SWIFT payments network have been blocked and their foreign assets frozen.

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