Russian clients may no longer use Binance’s P2P service to purchase and sell U.S. dollars and Euros. The Exchange said the move was motivated by the E.U.’s ninth round of sanctions on Russia. The firm has disabled P2P transactions for Russian citizens and residents.
បើយោងតាមឧតាមប៉ាន់ស្មានរបស់ឧស្សាហកម្ម Gartner ក្នុងឆ្នាំ២០២១ បានឲ្យដឹងថា ការចំណាយរបស់អ្នកប្រើប្រាស់ចុងក្រោយលើសេវា public cloud បានកើនឡើងយ៉ាងខ្លាំង។ តួលេខនេះគឺគួរឱ្យភ្ញាក់ផ្អើល ដោយមានការប៉ាន់ប្រមាណការចំណាយគឺ ៣៩៦ ពាន់លានដុល្លារក្នុងឆ្នាំ ២០២១ និងកើនឡើង ២១.៧% ដល់ ៤៨២ ពាន់លានដុល្លារក្នុងឆ្នាំ ២០២២។ លើសពីនេះ Gartner ព្យាករណ៍ពីការផ្លាស់ប្តូរដ៏សំខាន់នៅក្នុងការចំណាយផ្នែកព័ត៌មានវិទ្យារបស់សហគ្រាស ជាមួយនឹងការចំណាយលើ public cloud លើសពី ៤៥% នៃការចំណាយសរុបនៅឆ្នាំ ២០២៦ តិចជាង ១៧% ក្នុងឆ្នាំ២០២១។ ការប៉ាន់ប្រមាណនេះ ឆ្លុះបញ្ចាំងពីការកើនឡើងនូវការកោតសរសើរ ចំពោះអត្ថប្រយោជន៍របស់ cloud ទាក់ទងនឹងការធ្វើមាត្រដ្ឋាន ភាពបត់បែន និងការបង្កើនប្រសិទ្ធភាពតម្លៃ។ របាយការណ៍, the exchange has made it illegal for E.U. nationals to trade rubles with one another through ទៅវិញទៅមក platforms. Users may pick other accessible fiat currencies to continue utilizing Binance P2P, according to the Exchange’s spokesperson.
According to the Binance guidelines “for the country provided after verification,” the site suggests a “local currency for P2P trading” when a user attempts to complete a transaction.
According to the Binance guidelines “for the country provided after verification,” the site suggests a “local currency for P2P trading” when a user attempts to complete a transaction. A person close to the matter confirmed the ban to crypto.news, but said that the USDT/RUB pair is still available for P2P trading
Binance advocates for local currencies
P2P (peer-to-peer) service users can do business directly with one another, without any third-party involvement, and on mutually agreeable conditions.
When regular SWIFT transfers grew more difficult in 2022, Russians turned to Binance P2P services and other crypto exchanges as an alternative method of sending money overseas.
With these services, you may exchange fiat cash for bitcoin, send funds between wallets, or make purchases (for example, USDT stablecoin tied to the dollar’s value for rubles).
Alexey Zyuzin, founder of the consulting firm Crypto Holding, says that those who engage in arbitrage trading and those who use transactions on P2P platforms as an analog of SWIFT transfers are the most common users of operations involving the purchase of រូបិយប័ណ្ណសម្ងាត់ with rubles and their subsequent sale for euros and dollars.
What changed? Binance reverting leniency on Russia sanctions
From April forward, the total value of all assets held in Russian citizens’ crypto wallets on Binance must not exceed the equivalent of €10,000, a change from the previous policy, which restricted just the marginal value of assets in connection with sanctions.
Nevertheless, the limits were not applied immediately after being exceeded, and they may be removed by withdrawing an amount of more than €10,000 from the wallet.
Experts revealed that the exchange was lenient with Russians regarding sanctions restrictions applied last year. In particular, contrary to the eighth E.U. sanctions package’s mandate, Binance has not cut off access to its platform for Russian traders.
ពេលណា crypto.news asked for a response from Binance execs and their PR Manager on whether recent regulatory scrutiny led to this decision, any further restrictions to be expected, and whether the firm was taking a political stance on the Russia-Ukraine saga, no response was given at the time of publication.
Source: https://crypto.news/binance-bans-buying-eur-and-usd-using-p2p-for-russians/