Binance Axes UAH Services for Ukrainians Amid EU Regulatory Woes
Binance has announced that it will close UAH deposits and withdrawals via Fiat Trade UAH and delist the USDT/UAH spot trading pair, affecting its Ukrainian clients.
The move comes amid regulatory challenges in the European Union and a recent investigation by US prosecutors into alleged Iran-linked trading on the platform.
Binance will automatically remove all open orders on the USDT/UAH Spot trading pair after trading ceases, urging users to manage their UAH balances and open orders before the deadline.
The exchange also plans to convert remaining UAH balances to USDT by September 30, with no action required from users who choose this option.