Foreign media: Binance may cancel the deposit limit of 10,000 euros for Russian accounts

ChainCatcher message, according to circulated email screenshots, Binance has lifted the restriction for Russian users to deposit 10,000 euros. Russian users can deposit more than 10,000 euros into their balance and trade.

A representative from Binance stated that currently, all restrictions related to sanctions against Russian citizens fully apply to the platform and its legal entities in the EU. According to the sanctions rules, Binance entities registered in the EU are prohibited from providing services to Russian citizens, except for those who belong to the category of citizens/residents of the European Economic Area or Switzerland. Users from Crimea, DPR/LPR are also denied access to the platform. Additionally, Binance does not provide services to individuals, organizations, entities, and countries that have been blacklisted by the international community. As of now, Binance has neither confirmed nor denied the authenticity of the screenshot. (source link)