KuCoin Announces Russia and Belarus Exit With Individual Account Deadlines

TL;DR: KuCoin says it is discontinuing all services for users in Russia and Belarus. Affected accounts will receive their own deadlines for closing positions and withdrawing assets. KuCoin has announced an immediate end to services for users in Russia and Belarus, while saying it will provide an orderly process for affected customers to close positions and withdraw assets. The October 29 notice applies across the exchange’s products and features. The announcement leaves an important operational detail at account level. It does not publish one universal withdrawal deadline, so users should not assume a date circulating elsewhere applies to their circumstances. The restriction covers the whole platform KuCoin’s official notice attributes the decision to applicable legal and regulatory requirements. It says affected customers will receive notifications containing closure instructions and relevant deadlines. Customers who have not received a notification are told that no action is required on the basis of this notice. The statement does not identify one particular enforcement order as the sole trigger. It should therefore not be expanded into a claim that a named government compelled t...