Binance Will Keep Offering its Services to Russian Users

The European Union is preparing a new sanctions package against Moscow, Bloomberg has reported citing its sources.

Brussels is considering options for a complete ban for Russians on the transfer of funds in cryptocurrencies. In particular, Russian citizens will not be able to use the services of Bitcoin wallets and platforms registered in the eurozone.

However, Binance has stated that it is not yet preparing any additional restrictions on Russian individuals and legal entities.

The trading platform operates in Russia as usual, and all types of services are available to its users.

Nevertheless, the Binance administration adheres to the sanctions regime. In addition, the company reminds that it fully complies with anti-money laundering legislation.