KuCoin said it had suspended access to all products and services for users based in Russia and Belarus, citing legal and regulatory compliance concerns. The exchange said it would provide an orderly process for users to withdraw their assets.
Separately, Russia’s central bank approved NAUFOR as a self-regulatory body for crypto exchanges and custodians. The bank’s registry includes 23 crypto exchanges and eight digital custody institutions; registered entities must join a self-regulatory organization within 90 days.
