Exmo Trading Platform Stops Services in Russia, Belarus & Kazakhstan

Cryptocurrency trading platform Exmo has announced it will stop serving traders and customers from Russia, Belarus, and Kazakhstan.

The move comes following the Russian invasion of Ukraine which has largely made the global business outlook of the country remarkably low and unhealthy for the long-term visions of the Exmo platform.

“After careful consideration and evaluation of the company structure, we arrived at a conclusion that serving Russian and Belarusian clients will prevent us from maximising our strengths and performing better. In this current climate, which is highly uncertain, we must prioritise our adaptability by following a more rigid strategy,” the Exmo announcement reads.