KuCoin closes accounts in Russia and Belarus
In short
KuCoin is closing accounts in Russia and Belarus. The move follows similar announcements from MEXC and Bitget earlier this month.
This matters because users in those countries may lose access to the exchange. The reporting does not say how many accounts are affected or when the shutdown will end.
What the reporting says
KuCoin is closing accounts in Russia and Belarus, according to a CoinDesk summary, after MEXC and Bitget announced similar moves earlier this month. The report says the exchange is withdrawing from those countries, but it does not state how many customers are affected or when the closures finish. The immediate consequence is reduced access for users in two sanctioned markets.
Why it matters
KuCoin is reported to be closing accounts in Russia and Belarus, following similar exits by MEXC and Bitget earlier in the month. The event affects crypto exchange access in two markets under Western sanctions pressure. The source does not specify the number of users affected, whether trading or withdrawals continue during the wind-down, or the exact completion date.