Deribit exchange bans Russian users due to new EU sanctions

Deribit, a cryptocurrency exchange based in Dubai and owned by a Dutch company, has announced a ban on Russian users due to new EU sanctions. Russian traders are a significant part of Deribit’s user base, being the second-largest group on the platform.However, other exchanges still dominate the Russian crypto market. This decision aligns with EU regulations but may have a more significant impact on Deribit than on Russia’s crypto sector.According… 

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