Changes of Services to Users in Russia 🤬 FREEDOM?

Fellow Incognitoans,

Following the EU’s fifth package of restrictive measures against Russia, Binance is required to limit services for Russian nationals or natural persons residing in Russia, or legal entities established in Russia, that have crypto assets exceeding the value of 10,000 EUR. As such, we require you to complete your proof-of-address verification.

Accounts that classify under this restriction will be put into withdrawal-only mode. No deposits or trading will be permitted on these accounts. The limit also covers all spot, futures, custody wallets, and staked and earned deposits. In addition, all deposits to accounts for Russian nationals or natural persons residing in Russia, or legal entities established in Russia with over 10,000 EUR will be restricted.

Accounts for Russian nationals residing outside Russia, as verified with proof of address, and accounts for Russian nationals or natural persons residing in Russia, or legal entities established in Russia, that remain below a total value of 10,000 EUR, will remain unaffected and active.

Russian nationals or natural persons residing in Russia, or legal entities established in Russia, with open Futures/Derivatives positions, and who have crypto account balances that exceed 10,000 EUR will be given 90 days to close out their positions. No new positions will be allowed to be added.

While these measures are potentially restrictive to normal Russian citizens, Binance must continue to lead the industry in implementing these sanctions. We believe all other major exchanges must follow the same rules soon.


Blockchain the same(

Thank you INCOGNITO! :black_heart: :black_heart: :black_heart:

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The world is totally fucked. There’s a total difference between condemning the Russian government and outright punishing Russian citizens that have nothing to do with any of this conflict.

Banning Russian and Belarusian athletes from Wimbledon is just another thing added to the long list of outright draconian, totalitarian measures woke governments are employing.

Totally fucking insane.

Thank God for Crypto. Thank God for Privacy. Thank God for Incognito!

:prv:

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The Free World is only free as long as everyone follows the same rules and values! Which by de facto is decided by the old white angry male. :worried: (sure, the EU parliament is filled with Karens too.)

I love the anarchy of crypto. There will never be a government in this world that is right all the time. What we have now is a glowing example of two wrongs not making it right…

But I guess anyone hanging around on this forum is probably at least a bit anti-traditional-government. :wink:

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“complete your proof-of-address verification” it is not very inconito to ask that!

What? Where does incognito ask you that?

What are you talking about. There’s nothing like that in incognito.

1 Like

Sorry, I didn’t read the topic correctly!

financial sanctions