KuCoin to halt services for customers in Russia and Belarus

Crypto exchange KuCoin (KCS) announced it will stop providing services to customers in Russia and Belarus as the EU tightens crypto-related sanctions. Customers in those regions will receive individual deadlines to close positions and withdraw funds. KuCoin did not mention specific rules or regulators and cited "applicable laws and regulatory requirements" as the reason. Bitget and MEXC had earlier announced service suspensions in those markets as well.