EU Sanctions Force NoOnes into Withdrawal-Only Mode

NoOnes, a cryptocurrency platform serving over 2.5 million users, has been forced into withdrawal-only mode due to EU sanctions. The platform was added to Annex XLV Part A of the EU regulation on August 23, prohibiting direct or indirect transactions with listed non-EU financial, crypto-asset, and payment-service entities.

NoOnes had previously claimed that an earlier sanctions listing named a separate company and did not affect the platform. However, it was unable to resolve or remove the sanctions affecting the platform, leading to its wind-down on August 17 and closure of its P2P marketplace on August 21.

The platform now only supports Bitcoin mainnet withdrawals and USDT on Tron (TRC-20), creating compliance and liquidity risks for customers and counterparties. Users are advised to remove their full balances by withdrawing funds immediately, as the receiving exchange or service may delay, reject, or restrict a transfer.