Deribit Leaves Russia After New EU Sanctions

Crypto exchange Deribit is banning Russian nationals and residents due to new EU sanctions. Although the exchange is based in Dubai, its Dutch parent company requires compliance with EU economic restrictions. Russians make up the second-largest demographic on the exchange, but several competitors are more popular within the country. These sanctions may actually harm Deribit more than Russia’s... source: https://beincrypto.com/deribit-exits-russia-eu-sanctions/