KuCoin exits Russia and Belarus, shutting down user accounts
Cryptocurrency exchange KuCoin is immediately terminating services and closing accounts for users in Russia and Belarus, citing legal and regulatory compliance amid international sanctions.
Cryptocurrency exchange KuCoin is immediately ending all services and closing accounts for users in Russia and Belarus. Cointelegraph reported that affected customers will be provided with specific deadlines and guidelines to close open positions and withdraw their assets.[1][3][4]
The platform cited legal and regulatory compliance as the rationale behind cutting off services in both jurisdictions, which are currently subject to international sanctions. According to Crypto Briefing, KuCoin's departure underscores mounting regulatory pressure confronting global digital asset exchanges.[2][4]
KuCoin's withdrawal follows similar steps taken earlier in October 2026 by rival exchanges MEXC and Bitget, as trading platforms increasingly pull back from markets targeted by Western sanctions.[1]
Key facts
- KuCoin is immediately ending all services and closing accounts for users located in Russia and Belarus.
- Affected users in both countries will receive deadlines and instructions to close positions and withdraw assets.
- KuCoin cited legal and regulatory compliance as the reason for terminating access in the two sanctioned nations.
- The exit follows similar withdrawals from Russia and Belarus announced by exchanges MEXC and Bitget earlier in October 2026.
Sources · 4 sources
- CO
CoindeskArticle ·
KuCoin exits Russia and Belarus as crypto exchanges withdraw from Western-sanctioned markets The exchange is closing accounts in both countries after MEXC and Bitget announced similar moves earlier this month.
Open source - CB
Crypto BriefingArticle ·
KuCoin ends services for users in Russia and Belarus KuCoin's exit from Russia and Belarus highlights increasing regulatory pressures on crypto exchanges, potentially reshaping global market dynamics. The post KuCoin ends services for users in Russia and Belarus appeared first on Crypto Briefing .
Open source - CO
Cointelegraph@CointelegraphPost on X ·
🚨 ALERT: KuCoin is immediately ending all services for users in Russia and Belarus, with affected users to receive deadlines and instructions for closing positions and withdrawing assets. https://t.co/hVd2xk387N
Open source - CT
Coin TelegraphArticle ·
KuCoin suspends services in Russia and Belarus The exchange cited legal and regulatory compliance in its reason for cutting off services to users based in the two countries, currently the targets of international sanctions.
Open source