Binance To Stop Accepting Russian Mastercard and Visa Cards

Binance To Stop Accepting Russian Mastercard and Visa Cards Russian Binance users will be unable to transact with Mastercard (NYSE:) and Visa (NYSE:) cards on the platform, effective March 9 at 10 AM UTC+3. The announcement was made by Binance on Twitter (NYSE:). CEO Changpeng Zhao said that the decision was out of their hands. Russian Binance users will no longer be able to transact with Mastercard and Visa cards on the platform. The world’s largest cryptocurrency exchange by trading volume, Binance, announced today that “all transactions initiated with Mastercard and Visa cards issued in Russia will be unavailable on Binance.” This will be effective starting March 9 at 10 AM UTC+3. Adding to the restriction on Russian Mastercard and Visa cards on the exchange platform, all transactions initiated with Mastercard and Visa cards by financial institutions outside of Russia will also be unavailable within the Russian Federation on Binance. This follows the global sanctions imposed on Russia and all of the Russian citizens to pressure the nation’s presidency to end their attempt to invade Ukraine. Continue reading on CoinQuora Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Binance To Stop Accepting Russian Mastercard and Visa Cards
Binance To Stop Accepting Russian Mastercard and Visa CardsBinance To Stop Accepting Russian Mastercard and Visa Cards
  • Russian Binance users will be unable to transact with Mastercard (NYSE:) and Visa (NYSE:) cards on the platform, effective March 9 at 10 AM UTC+3.
  • The announcement was made by Binance on Twitter (NYSE:).
  • CEO Changpeng Zhao said that the decision was out of their hands.

Russian Binance users will no longer be able to transact with Mastercard and Visa cards on the platform.

The world’s largest cryptocurrency exchange by trading volume, Binance, announced today that “all transactions initiated with Mastercard and Visa cards issued in Russia will be unavailable on Binance.” This will be effective starting March 9 at 10 AM UTC+3.

Adding to the restriction on Russian Mastercard and Visa cards on the exchange platform, all transactions initiated with Mastercard and Visa cards by financial institutions outside of Russia will also be unavailable within the Russian Federation on Binance.

This follows the global sanctions imposed on Russia and all of the Russian citizens to pressure the nation’s presidency to end their attempt to invade Ukraine.

Continue reading on CoinQuora

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.