Cryptocurrency Exchange Binance Has Banned Russians from Cashing Money Through Any Banks.

Ban on transferring money by Russian citizens
Ban on transferring money by Russian citizens

One of the major cryptocurrency exchanges Binance no longer allows Russian users to transfer money to foreign banks, even if the users are outside of Russia. This was reported by Mykhailo Fedorov, Ukrainian Minister of Digital Transformation.

«Binance, one of the world's largest cryptocurrency exchanges, has closed the opportunity for Russians to transfer and withdraw money to foreign banks, regardless of the country of residence», Mykhailo Fedorov said.

In addition, Binance has also blocked the e-wallets of Sergei Lavrov's stepdaughter and Dmitry Peskov's daughter.


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