BlockchainCom to close accounts belonging to Russia-based users
Join Our Telegram channel to stay up to date on breaking news coverage BlockchainCom, a cryptocurrency service platform, has announced that it will be restricting Russia-based users from the platform. The announcement comes shortly after the CryptoCom exchange announced that it would also close its services to users based in Russia. BlockchainCom to restrict Russia-based users BlockchainCom sent a letter to its users saying that it would close the accounts of Russian users. The announcement comes after the European Union announced its eighth set of sanctions against Russia because of the invasion of Ukraine. A report by the RBC has also said that users based in Russia will only have until October 27 to withdraw funds from the platform. After this date, all of these accounts will be blocked. The statement from BlockchainCom to its users said that it was “currently prohibited from providing custody and rewards services to Russian citizens.” The company explained th...