EU Sanctions Force Crypto Platform into Withdrawal-Only Mode

Crypto platform NoOnes has entered withdrawal-only mode after being added to the EU sanctions list, which does not directly name the company or its current operator.

NoOnes strongly recommends that users remove their full balances as soon as possible, but it did not specify a shutdown cutoff date of August 23. The company says users can still sign in, view balances, withdraw funds, and contact support while they help users remove their money.

The EU regulation adds 'NoOnecrypto INC.' to Annex XLV Part A from August 23, prohibiting direct or indirect transactions with listed non-EU financial, crypto-asset, and payment-service entities. However, this does not directly affect NoOnes' operations or its users.