KuCoin Exits Russia and Belarus Amid Crypto Exchange Withdrawals
Current overview (not historical)
KuCoin announced the closure of all user accounts in Russia and Belarus, joining competitors MEXC and Bitget in withdrawing from sanctioned markets. The exchange cited the competitive landscape of restricted regions as the reason for shutting down accounts in both countries.
Written with AI from the reporting · updated 10/30/2026
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Story route
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- 1Unclassified fact stationOct 29, 00:00recorded Oct 30, 00:58single source
KuCoin exits Russia and Belarus
Read original source ↗ CoinDeskReplay this moment in the explorerEvidence & revisions · 1 source records
- Subject：
- kucoin
- Action：
- closing accounts
- Object：
- accounts in Russia and Belarus
- Occurred (fact side)：
- Oct 29, 00:00
- Published (valid side)：
- Oct 30, 00:51
- First seen (known side)：
- Oct 30, 00:58
Fact stationSingle source · one-sided claimCopy may have been revised later; time replay is bounded. Layer labels group reading only, not causation between layers.
- 2Unclassified fact stationOct 28, 00:00recorded Oct 30, 23:23single sourcerevised
MEXC撤出法国
Read original source ↗ CryptoSlateReplay this moment in the explorerEvidence & revisions · 1 source records
- Subject：
- MEXC
- Action：
- 逐步终止服务
- Object：
- 法国客户
- Occurred (fact side)：
- Oct 28, 00:00
- Published (valid side)：
- Oct 30, 23:15
- First seen (known side)：
- Oct 30, 23:23
Fact stationSingle source · one-sided claimRevisedCopy may have been revised later; time replay is bounded. Layer labels group reading only, not causation between layers.
Uncertainty marks flag where to check the sources; they are not proven causation.
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- CryptoSlateRelated fact: single sourceSource report revisedMEXC Withdraws from France Amid Regulatory Push to Expand into Tokenized Assets
Report first recorded Oct 30, 23:23
Crypto exchange MEXC announced on Oct. 28 that it will gradually cease services to French customers, automatically closing all open positions by Jan. 22, 2027, and stopping withdrawals on Mar. 5. The move follows earlier exits from the Netherlands (Sept. 29), Russia and Belarus (Oct. 20) as CEO Vugar Usi pushes a shift from memecoin speculation toward tokenized equities, commodities and prediction markets. France’s financial regulator, the Autorité des Marchés Financiers (AMF), blacklisted MEXC in June 2024 for offering financial services without authorization, and the upcoming Markets in Crypto‑Assets Regulation (MiCA) will impose further licensing requirements on crypto service providers. French users will face restrictions in four batches starting Nov. 18, preventing new positions or deposits; remaining assets will be transferred to a regulated custodian after the withdrawal deadline. MEXC is offering referrals to EU‑regulated platforms, but users must open accounts and move holdings themselves.
Read original source ↗ - CoinDeskRelated fact: single sourceKuCoin exits Russia and Belarus following competitor moves
Report first recorded Oct 30, 00:58
KuCoin has closed user accounts in Russia and Belarus, joining MEXC and Bitget in withdrawing from Western-sanctioned markets earlier this month.
Read original source ↗
Event activity trend
- Latest comparable
- 3
- Comparable peak
- 15Oct 31, 00:00
- 24h change
- -68%
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