Regulation· ★★★· bearish·

RAKIB predicts foreign crypto exchanges will exit Russia under law 282-FZ

  • —MEXC followed Bitget in ending services for users in Russia and Belarus
  • —From July 1, 2027, Russian crypto operations must run through licensed local entities
  • —A Russian license would trigger EU and US sanctions, Brazhnikov said
  • —He expects more exchanges to follow and advises users to withdraw funds
Why it matters: Russian users face losing access to major CEX platforms as more foreign exchanges are expected to exit the market.
Source: BeInCrypto RU
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