Binance blocks cards of Russians living in Europe

The largest cryptocurrency exchange — Binance — blocks Binance Cards of Russians with a residence permit in Europe. This is reported by various sources. There were no official comments from the exchange.

Binance blocks the cards of Russians who have been verified after obtaining a residence permit in the European Union. This is reported by various publications, but no official comments have been received.

It’s about blocking branded Binance Cards. At the same time, a week earlier, the exchange returned support for cards of Russian banks. At that time, the exchange limited itself to a brief comment: there is no such restriction anymore, but all sanctions are being observed.

The return of the cards of Russian banks was associated with the fact that the Binance legal entity is registered not only in the EU.

Traders are advised to stay attentive. Further steps of Binance are unknown.