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What happened to Binance in Russia?

Earlier in April, Russian users also reported that Binance lifted limits for accounts with balances larger than 10,000 euros for users in Russia. The exchange has not officially released a statement on either of these changes.

Why did Binance reject calls from Kyiv for a total ban?

Binance, along with major U.S. exchanges Coinbase Global Inc (COIN.O) and Kraken, had rejected calls from Kyiv for a total ban on Russian users after President Vladimir Putin ordered the invasion of Ukraine, which Moscow calls a "special operation" to demilitarise and "denazify" the country.

Did Binance lift sanctions against Russian citizens?

When contacted today by CoinDesk, a Binance spokesperson did not explicitly confirm or deny the lifting of restrictions, but stated in an email: “All current restrictions related to sanctions against Russian nationals are applied by the platform and its legal entities in the European Union in full.”

Why did Russians Want Binance to hand over client data?

The Russians wanted Binance to agree to hand over client data, including names and addresses, to help them fight crime, according to text messages the company official sent to a business associate.

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