Some CRYPKYP functionalities are depricated as of October 2022 and will no longer be populated until further development and future version.
Although all here is visible and interactable you can not Contribute to those articles.
Try looking at other information on the Platform and Contributing there!
Have a great day,
CRYPKYP Team
Crypto exchange Binance has restricted the use of bank payment methods that are sanctioned on the Binance P2P platform. All ads containing these payment methods were automatically closed by the system, a Binance spokesperson said.
RBC Crypto writes about this. At the end of February, the United States, the European Union and other countries imposed a series of sanctions against Russian banks, dozens of companies in the financial, defense and space sectors.
Western sanctions restricting the attraction of financing also extended to a number of large companies - Sovcomflot, Russian Railways, ALROSA, Gazprom, Rostelecom and RusHydro.
The use of bank payment methods that are sanctioned on the Binance P2P network has been prohibited by crypto exchange Binance. According to a Binance spokeswoman, the system instantly closed all adverts including these payment methods. This is covered by RBC Crypto.
“We continue to develop and take the steps that are necessary to take action against companies or individuals affected by sanctions,” the company said.
The cryptocurrency exchange had previously stopped accepting Visa and Mastercard cards issued in Russia. All transactions initiated by financial institutions outside of Russia using Mastercard and Visa cards are now inadmissible.
The US, the European Union, and other countries announced a series of sanctions against Russian banks and dozens of enterprises in the financial, defense, and space sectors at the end of February. This occurred following Russian President Vladimir Putin’s announcement of a special operation in Ukraine’s territory. Some bitcoin exchanges and services have imposed various limitations on Russians. US Deputy Secretary of State Victoria Nuland stated that the US government, in collaboration with European partners, is looking into ways to block Russia’s access to cryptocurrency.
VTB, Promsvyazbank, Otkritie, Sovcombank, Rossiya Bank, Novikombank (all under US blocking sanctions implying dollar settlements are blocked), Sberbank (ban on correspondent accounts in the US), Alpha-bank, Gazprombank, MCB, and Rosselkhozbank (all under US blocking sanctions implying dollar settlements are blocked), Alpha-bank, Gazprombank, MCB, and Rosselkhozbank (less severe sanctions). Sovcomflot, Russian Railways (RZD), ALROSA, Gazprom, Rostelecom, and RusHydro are among the significant firms whose access to capital has been restricted by Western sanctions.
