Coinbase warned users from Russia that it will limit services for citizens of the country because of sanctions.
The blocks will affect those who have an account of more than 10 thousand euros, as in the case of Binance.
In order not to lose their funds, users must withdraw assets before May 31 or provide documents that confirm that the client is not subject to EU sanctions. Otherwise, after May 31, users’ funds may be frozen, and assets transferred to the account after that date will be blocked.