Crypto exchanges Huobi and KuCoin failed to block transactions with banks that fell under sanctions

FBA “The Economy Today”Major crypto exchanges Huobi and KuCoin failed to comply with anti-Russian sanctions and left transactions available with Russian banks that fell under Western restrictions. This is stated in the material of the Politico newspaper. cites information from analytics firm Inca Digital’s response. It says merchants with debit cards from sanctioned banks in the Russian Federation continue to transact with these sites.The ByBit exchange also offers its users the services of converting rubles into cryptocurrency. Thus, the purchase of digital assets remains available for Russians from any card issued in the Russian Federation.