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OKX introduces restrictions for users from Russia

The administration of the Seychelles-based cryptocurrency exchange OKX notified users from Russia about the introduction of restrictions on a number of revenue products of the Earn product line.

The official blog of the platform reports that certain Earn offers, as well as Shark Fin and Double Investment products will become unavailable to users from Russia. The platform team cites market conditions and regulatory requirements as possible reasons for the change in user experience.

OKX did not comment on the date of the restrictions or which Earn products would be unavailable. The administration reported that users from Russia can terminate their subscriptions early or wait for their automatic cancellation. If service is terminated, all previous subscriptions will be terminated on the redemption date.

It will be recalled that in October 2022 direct access to the site of cryptocurrency exchange OKX from Russia was blocked by Roskomnadzor for spreading false information.

In April, the cryptocurrency exchange Binance notified Russian users of the restoration of the full ability to buy and sell cryptocurrencies using bank cards.<br