EXMO exchange launched a separate platform for Russian users

In the near future, the platform will launch a staking feature and release its own stablecoin

18.04.2022 - 14:00

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1 min

What’s new? The EXMO cryptocurrency exchange has launched a separate trading platform for users from Russia, Kazakhstan, and Belarus. On March 31, EXMO RBK LTD bought out the Russian, Belarusian and Kazakh parts of the business. The exchange announced its exit from the market on its official website.

Information on the EXMO website

How will the platform operate? The terms will not change for users, as under the deal EXMO RBC LLP may use the branding, software, technical developments, and the official domain, exmo.me. .

Which platforms have already left the Russian market? On March 4, the developers of the MetaMask cryptocurrency wallet warned that users from a number of countries may lose access to the application. The blockages are linked to the restriction of Infura’s infrastructure platform in “certain jurisdictions” due to sanctions against Russia. At the end of February, exchanges such as Kuna, WhiteBIT, and CEX.io completely blocked users from the Russian Federation.

Since March 15, a decentralized crypto exchange aggregator, Matcha, started blocking transactions originating from users with Russian IP addresses.

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