According to NewsBTC, KuCoin announced it will discontinue all services for users in Russia and Belarus. The exchange clarified that affected accounts must close trading positions and withdraw remaining assets by specified individual deadlines set per account.
No further details were provided about the timing of these deadlines beyond stating they are assigned individually to each eligible account. The announcement does not mention migration options, alternative support, or exceptions for certain account types. KuCoin’s statement focuses solely on the cessation of services and the requirement to withdraw assets through personal deadlines.
The move aligns with ongoing regulatory and operational adjustments by cryptocurrency platforms regarding geographic restrictions. Users in the affected regions are expected to act according to their assigned deadlines to access remaining funds, per KuCoin’s instruction.
