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AMB Crypto 2023-02-25 13:00:34

Exchanges using USDT to trade in Russia despite sanctions: Report

Huobi and KuCoin are reportedly allowing customers of sanctioned Russian banks to access their trading platforms. Binance was also allowing Russians to convert local currency to crypto without KYC checks. Popular crypto exchanges KuCoin and Huobi have come under fire for failing to comply with the sanctions imposed on Russia in light of its conflict

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