Crypto Exchange OKX Limits Services Russian Users Can Access
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Crypto exchange OKX, which is registered in the Seychelles, has imposed restrictions on Russian holders of Bitcoin and other digital currencies in light of US and European sanctions as well as tightening control over virtual currencies in Russia.
The press service of OKX has stated that Russian traders will not be able to use the Earn service to gain passive income.
Established in 2017, OKX is the fourth largest bitcoin exchange according to daily trading volume.
This February, Bloomberg reported that Russian businesspersons were utilizing Huobi and KuCoin exchanges to bypass Western economic sanctions.
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