KuCoin exits Russia and Belarus, leaving withdrawal deadlines to users’ notices

KuCoin has announced an immediate end to services for users in Russia and Belarus, with affected customers set to receive individual deadlines for closing positions and withdrawing their assets. Summary KuCoin’s withdrawal covers all products, services, and features available to users in both countries. Affected customers will receive account notifications explaining their closure and withdrawal deadlines. MEXC and Bitget announced service restrictions involving the same markets earlier in October. KuCoin cites legal and regulatory requirements without identifying a specific order behind its decision. KuCoin’s official announcement, dated Oct. 29, says the decision takes effect immediately and covers its entire offering in the two countries. The exchange has committed to allowing customers to wind down their accounts through an orderly termination process. The notice does not publish a single withdrawal deadline or disclose the number of affected accounts and the value of their holdings. KuCoin will send account-specific withdrawal instructions Customers whose accounts fall within the restrictions will receive notifications setting out the relevant deadlines and instructions. KuCoi...