“Starting from Wednesday, 03/09/2022 00:00 Moscow time, all transactions initiated with Mastercard and Visa cards issued in Russia will be unavailable on Binance,” the exchange said in an official release.

It is noted that operations with Russian cards outside of Russia will also not be available on Binance.

The American crypto-exchange Coinbase has previously announced the blocking of over 25 thousand Russian addresses that may be involved in illegal activities.