The largest cryptocurrency exchange by volume, Binance, is employing sanction restrictions on Russian users stating that digital currency trades must adhere to the same sanction legislation as traditional Russian monetary administrations.
From Thursday, holders of funds equaling or being more than 10K Euros or 11K Dollars are disallowed to trade completely. Binance states that new limitations might affect the standard Russian citizen. The firm added that Binance would continue to forward the adaptation of these limitations to users situated in Russia to unite digital currencies and traditional currencies alike.
