KuCoin, a major cryptocurrency exchange, has officially ceased all services for users located in Russia and Belarus. This decision, announced on October 29, requires affected users to close their positions and withdraw their assets within individually assigned deadlines.
The exchange is providing personalized timelines to each customer for asset withdrawal and position closure, but no unified deadline has been set. KuCoin’s move follows an increasing trend among crypto platforms reevaluating their availability in certain regions amid regulatory and geopolitical concerns.
Users in these countries are advised to act promptly to secure their funds and comply with KuCoin’s withdrawal schedule.
This step underlines the evolving operational landscape for crypto exchanges and highlights the importance of monitoring regional service changes closely.