{"id":268076,"date":"2022-10-14T17:26:32","date_gmt":"2022-10-14T16:26:32","guid":{"rendered":"https:\/\/cryptoslate.com\/?p=268076"},"modified":"2022-10-14T17:26:32","modified_gmt":"2022-10-14T16:26:32","slug":"several-crypto-exchanges-reportedly-block-russian-users-because-of-eu-sanctions","status":"publish","type":"post","link":"https:\/\/cryptoslate.com\/several-crypto-exchanges-reportedly-block-russian-users-because-of-eu-sanctions\/","title":{"rendered":"Several crypto exchanges reportedly block Russian users because of EU sanctions"},"content":{"rendered":"<p>Several crypto platforms like Blockchain.com, Crypto.com, and LocalBitcoins have reportedly banned Russian users from using their services, citing the new European Union <a href=\"https:\/\/cryptoslate.com\/eu-narrows-russias-options-further-with-crypto-sanctions\/\">sanctions<\/a>.<\/p>\n<p>Media <a href=\"https:\/\/www.rbc.ru\/crypto\/news\/634904aa9a794736c979e554\">reports<\/a> said that Blockchain.com gave its Russian users until Oct. 27 to withdraw all of their funds, after which their accounts would be blocked. The crypto company said that its decision was tied to the new sanctions imposed on Russia by the European Union.<\/p>\n<p>Crypto.com also reportedly sent emails to the affected users, informing them of its compliance with the new sanctions.<\/p>\n<p>The EU introduced a new wave of sanctions on Russia on Oct. 6. According to the\u00a0 European Commission, the sanctions are designed to weaken Russia's industrial capacity to continue its war in Ukraine. This has forced several crypto firms like Dapper Labs to cut ties with the country.<\/p>\n<p>Meanwhile, the Russian government had also recently <a href=\"https:\/\/www.reuters.com\/technology\/russias-financial-monitoring-agency-adds-meta-extremists-list-ifax-2022-10-11\/\">added<\/a> Meta &#8211; the parent company for Facebook and Instagram &#8211; to a list of &#8220;terrorist and extremist&#8221; organizations. The government also <a href=\"https:\/\/cryptoslate.com\/russia-blocks-crypto-exchange-okx-without-disclosing-reason\/\">blocked<\/a> the IP of crypto company <a href=\"https:\/\/cryptoslate.com\/companies\/okx\/\">OKX<\/a> on Oct. 4 without reason.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Several crypto platforms like Blockchain.com, Crypto.com, and LocalBitcoins have reportedly banned Russian users from using their services, citing the new European Union sanctions. Media reports said that Blockchain.com gave its Russian users until Oct. 27 to withdraw all of their funds, after which their accounts would be blocked. The crypto company said that its decision [&hellip;]<\/p>\n","protected":false},"author":720,"featured_media":268081,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[77584,76701],"post_folder":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.9 (Yoast SEO v21.9.1) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Several crypto exchanges reportedly block Russian users because of EU sanctions<\/title>\n<meta name=\"description\" content=\"Several crypto platforms have reportedly banned Russian users from using their services, citing the new European Union sanctions.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptoslate.com\/several-crypto-exchanges-reportedly-block-russian-users-because-of-eu-sanctions\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Several crypto exchanges reportedly block Russian users because of EU sanctions\" \/>\n<meta property=\"og:description\" content=\"Several crypto platforms have reportedly banned Russian users from using their services, citing the new European Union sanctions.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptoslate.com\/several-crypto-exchanges-reportedly-block-russian-users-because-of-eu-sanctions\/\" \/>\n<meta property=\"og:site_name\" content=\"CryptoSlate\" \/>\n<meta property=\"article:published_time\" content=\"2022-10-14T16:26:32+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/10\/russia-crypto-ban-.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"630\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Oluwapelumi Adejumo\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cryptoslate\" \/>\n<meta name=\"twitter:site\" content=\"@cryptoslate\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Oluwapelumi Adejumo\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/cryptoslate.com\/several-crypto-exchanges-reportedly-block-russian-users-because-of-eu-sanctions\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/cryptoslate.com\/several-crypto-exchanges-reportedly-block-russian-users-because-of-eu-sanctions\/\"},\"author\":{\"@type\":\"Person\",\"@id\":\"https:\/\/cryptoslate.com\/author\/oluwapelumi-adejumo\/#person\",\"name\":\"Oluwapelumi Adejumo\",\"url\":\"https:\/\/cryptoslate.com\/author\/oluwapelumi-adejumo\/\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/cryptoslate.com\/author\/oluwapelumi-adejumo\/\"},\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/cryptoslate.com\/author\/oluwapelumi-adejumo\/#authorimage\",\"url\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/10\/profile-oluwapelumi-adejumo-1-300x300.jpg\",\"contentUrl\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/10\/profile-oluwapelumi-adejumo-1-300x300.jpg\",\"caption\":\"Oluwapelumi Adejumo\"},\"jobTitle\":\"Senior Reporter\",\"description\":\"Oluwapelumi values Bitcoin's potential. 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