{"id":29385,"date":"2020-09-29T20:48:39","date_gmt":"2020-09-29T17:48:39","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=29385"},"modified":"2025-08-27T16:39:46","modified_gmt":"2025-08-27T13:39:46","slug":"binance-explains-whether-it-will-leave-ukraine-after-bittrex","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/binance-explains-whether-it-will-leave-ukraine-after-bittrex\/","title":{"rendered":"Binance explains whether it will leave Ukraine after Bittrex"},"content":{"rendered":"<p>After Bittrex&#8217;s exit from Ukraine, the local community asked whether other trading platforms would follow suit. ForkLog asked for comment from several market players, among them Binance, FTX and currency.com.<\/p>\n<p><!--more--><\/p>\n<blockquote>\n<p>\u00abAt the moment there are no regulatory reasons for Binance to stop serving residents of Ukraine in the foreseeable future\u00bb, said Gleb Kostarev, Director for Binance in Russia and Ukraine.<\/p>\n<\/blockquote>\n<p>According to Ukraine&#8217;s Ministry of Digital Transformation, the reason for Bittrex&#8217;s decision was precisely the regulatory peculiarities in the United States and Liechtenstein, namely the difficulty of identifying residents of Crimea among Ukrainian users.<\/p>\n<blockquote class=\"wp-embedded-content\" data-secret=\"jMwSkPEhRp\">\n<p><a href=\"https:\/\/u1f987.com\/en\/news\/ukraines-ministry-of-digital-transformation-cites-regulatory-issues-as-the-reason-for-bittrexs-exit\">The Ukrainian Ministry of Digital Transformation named the reason for Bittrex&#8217;s departure from the country<\/a><\/p>\n<\/blockquote>\n<p><iframe loading=\"lazy\" class=\"wp-embedded-content\" sandbox=\"allow-scripts\" security=\"restricted\" style=\"position: absolute; visibility: hidden;\" title=\"\u201cIn the Ukrainian Ministry of Digital Transformation, the reason for Bittrex's departure from the country was named\u201d \u2014 ForkLog\" src=\"https:\/\/u1f987.com\/news\/v-ukrainskom-mintsifry-nazvali-prichinu-uhoda-bittrex-iz-strany\/embed#?secret=A8IRqlrxNc#?secret=jMwSkPEhRp\" data-secret=\"jMwSkPEhRp\" width=\"500\" height=\"282\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\"><\/iframe><\/p>\n<p>Some community representatives believe that under a similar pretext Bittrex could leave the Russian market.<\/p>\n<p>Currency.com said they do not plan to leave Ukraine and will add Ukrainian language support in the near future.<\/p>\n<blockquote>\n<p>\u00abAt present there are no regulatory reasons that would justify us not serving Ukrainian clients\u00bb, commented Nikolai Markovnik, Director of Growth.<\/p>\n<\/blockquote>\n<p>The derivatives exchange ftx.com also does not plan to update the list of prohibited jurisdictions.<\/p>\n<p>On September 11, Bittrex <a href=\"https:\/\/u1f987.com\/en\/news\/bitcoin-exchange-bittrex-to-halt-services-for-users-in-ukraine-and-belarus\">notified<\/a> about its withdrawal from Ukraine and a number of other countries, including Belarus, Burundi, Mali, Myanmar, Nicaragua and Panama. Later, the exchange <a href=\"https:\/\/u1f987.com\/en\/news\/bittrex-clarifies-the-reason-for-suspending-services-for-users-in-ukraine-and-belarus\">clarified<\/a> that the problem lies in the regulatory framework of the listed jurisdictions.<\/p>\n<p>The head of Ukraine&#8217;s leading bitcoin exchange kuna.io, Mikhail Chobanian <a href=\"https:\/\/t.me\/michaelchobanian\/367\" target=\"_blank\" rel=\"noopener noreferrer\">thinks<\/a> the departure of Bittrex is natural, given the political instability in the listed jurisdictions.<\/p>\n<p>Earlier, on September 25, Roskomnadzor <a href=\"https:\/\/u1f987.com\/en\/news\/roskomnadzor-informs-binance-of-its-addition-to-the-registry-of-banned-websites\">notified<\/a> Binance of its inclusion in the list of banned websites. Binance is preparing to challenge the decision in court, and lawyers <a href=\"https:\/\/u1f987.com\/en\/news\/opinion-court-ruling-blocking-binance-is-legally-unfounded\">believe<\/a> that it was adopted with procedural irregularities.<\/p>\n<p>Subscribe to ForkLog news on Telegram: <a href=\"https:\/\/t.me\/forklogfeed\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">ForkLog Feed<\/a> \u2014 full news feed, <a href=\"https:\/\/telegram.me\/forklog\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">ForkLog<\/a> \u2014 the most important news and polls.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>After Bittrex&#8217;s exit from Ukraine, the local community questioned whether other trading platforms would follow suit. ForkLog asked for comment from several market players, including Binance, FTX and Currency.com.<\/p>\n","protected":false},"author":1,"featured_media":29386,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[744,1933,1236,16],"class_list":["post-29385","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-binance","tag-currency-com","tag-ftx","tag-ukraine"],"aioseo_notices":[],"amp_enabled":true,"views":"15","promo_type":"1","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/29385","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=29385"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/29385\/revisions"}],"predecessor-version":[{"id":29387,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/29385\/revisions\/29387"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/29386"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=29385"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=29385"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=29385"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}