Bitget and MEXC exit Russia as Kazakh court bans six exchanges
- —Bitget barred Russia and Belarus on Oct. 17; MEXC followed on Oct. 20
- —AIFC court banned six unlicensed exchanges in September, including Coinbase and HTX
- —Five of the top 10 exchanges remain open in Russia, two in Kazakhstan
- —Russia's central bank will ban direct retail crypto trades from July 1, 2027
Why it matters: Shrinking exchange access across two major CIS markets pushes traders toward licensed venues or P2P channels.
Source: BeInCrypto RU