The largest crypto exchange Binance has closed the purchase and sale of US dollars and euros through its P2P service for Russians. Peer-to-peer trading allows users to make transactions without the mediation of an exchange. The restrictions were introduced due to the tenth package of EU sanctions, RBC writes with reference to a Binance representative.
According to him, in order to continue using the crypto exchange, Russians can choose other available fiat currencies. If they try to make a transaction with dollars or euros, the service will offer. When trying to make transactions in dollars or euros, the platform prompts users from Russia to “select a local currency, in accordance with the Binance rules for the country specified during verification.” EU citizens, in turn, can no longer conduct transactions with rubles – also according to the new package of sanctions.
Earlier it became known that the Russian authorities had access to the data of Russians on the movement of cryptocurrencies. The head of Rosfinmonitoring, Yuri Chikhanchin, stated this in an address to Vladimir Putin.