Crypto Exchanges Binance and Kuna Suspend Card Transactions in Ukrainian Hryvnia – Exchanges Bitcoin News

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Crypto Exchanges Binance and Kuna Suspend Card Transactions in Ukrainian Hryvnia – Exchanges Bitcoin News
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Central bank restrictions prevent Ukrainians from trading crypto with card transactions in hryvnia.

The measure stems from restrictions imposed by the country’s central bank, Binance and Kuna indicated in comments for crypto media.The world’s largest crypto exchange, Binance, and a leading Ukrainian exchange, Kuna, have announced temporary suspensions of operations with bank cards in Ukrainian hryvnia. Both trading platforms confirmed about the problems with such transactions.

“Currently, fiat channels, namely input and withdrawal through a bank card and other payment services, are temporarily suspended among cryptocurrency exchanges throughout Ukraine,” the trading platform“Regarding the hryvnia card and input/output to the exchange.

The NBU banned P2P and A2C transactions for financial companies, and since all crypto exchanges work through them, as a result, everything is gone for them.

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