When Binance introduced the 10,000-euro limit for customers inside Russia, it said “the EU’s fifth bundle of restrictive measures in opposition to Russia” required the restrictions. Whereas the sanctions are nonetheless in place, this restriction not exists on Binance, in line with media experiences, and neither does the Russian financial institution playing cards ban. Final month, nevertheless, Binance prohibited peer-to-peer (p2p) trades in {dollars} and euros for Russian residents and residents, leaving solely the Russian ruble possibility. The Binance spokesperson confirmed this restriction stays.
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