Kraken crypto exchange is next to close doors to Russian users

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Kraken crypto exchange is next to close doors to Russian users
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Digital exchange krakenfx to halt Russian users' transactions in compliance with new European legislation. (Reporting via coindanslecoin)

Kraken is the latest cryptocurrency exchange to restrict accounts of Russian users on its platform in compliance with sanctions from the European Union.

“Due to the new European legislation, we have to take measures to restrict your Kraken account,” the company said. According to an email statement seen by Cointelegraph, Russian users would be able to withdraw their funds by request.

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