HTX Adds Russia to Restricted Jurisdictions After Bitget and MEXC

HTX has added Russia to its restricted jurisdictions, potentially limiting account access and withdrawals for affected individuals and businesses. Bitget and MEXC also restricted Russian market access in October, citing prohibited jurisdictions and regulatory compliance concerns. Analysts point to rising regulatory and sanctions risks, though there is no evidence of coordinated action among the exchanges. HTX has added Russia to its restricted jurisdictions, allowing the cryptocurrency exchange to limit services for Russian users. According to Russian business outlet RBC, the restrictions cover individuals residing in or located in Russia, alongside companies registered or primarily operating there.

Source: Crypto Front News