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KuCoin suspends services in Russia and Belarus

Published Source: CoinTelegraphRead original

Crypto Insight Summary: The exchange cited legal and regulatory compliance in its reason for cutting off services to users based in the two countries, currently the targets of international sanctions. Crypto Insight Analysis: Direction: Bearish GT Impact: Minor Impact Horizon: Mid-term (1-8 weeks) Reasoning: KuCoin's exit from sanctioned markets may reduce user activity and GT demand, but has little broader crypto impact.

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KuCoin suspends services in Russia and Belarus — Crypto Insight