Stephanie Douse 
Currency.com has joined the list of crypto exchanges that have barred Russian users from having access to the services they provide.
Currency.com, a cryptocurrency trading platform, has declared that it has ceased operations for Russian clients in response to Russia’s “violence and chaos” forced on the people of Ukraine.
Currency.com announced on Tuesday that Russian residents will no longer be able to use its services as a result of the platform’s decision to prohibit Russian clients from registering new accounts.
Currency.com, based in Gibraltar, maintains offices in Kyiv, London, and Vilnius, but was formerly licensed and headquartered in Belarus, according to its website.
Major cryptocurrency exchanges have responded to social media calls to either freeze or otherwise restrict access to Russian digital assets for residents as the country’s military invades Ukraine.
In February, a Binance spokesman said that the exchange would not “unilaterally freeze millions of innocent consumers’ accounts,” while Kraken CEO Jesse Powell intimated that the exchange would only cut off Russian users’ access to crypto if sanctions were imposed.
However, numerous private businesses, including credit card companies Visa and Mastercard, have declared that, as a result of the war, they will scale back or discontinue operations in Russia after February 24.
In contrast, Ukraine’s government has used cryptocurrency platforms to receive donations from around the world, raising more than $60 million as of publication.