Binance users announced a ban for Russians on operations through the P2P service with any currencies other than the ruble

Users of a major cryptocurrency exchange Binance announced the introduction of a ban for Russians on the purchase and sale of any currency, except Russian ruble, through P2P-service. Cryptocurrency magazine drew attention to this ForkLog and edition VC.Ru.

As Russian users said platforms DTFwhen trying to buy a currency (for example, Turkish Lira), a message appears: “Select the local currency for P2P-trade. This is required in accordance with the rules of work Binance for the country you specified during verification. Officially, the exchange has not yet commented on these restrictions.

In March Binance as part of the tenth package of EU sanctions, banned Russians from buying and selling dollars and euros through their P2Pservice — then the introduced restrictions did not apply to other currencies.

In May, it became known that the US Department of Justice launched an investigation into the exchange due to suspicions of helping Russians to circumvent sanctions. The representatives themselves Binance insist that the company complies with all restrictions imposed under the sanctions against Russia.

April 2022 Binance limited for Russians the value of assets that can be stored on the wallets of the exchange – the amount of funds should not exceed 10 thousand euros. Later, as RBC journalists were told in the support service Binancethis restriction has been removed.