Why Is EXMO.com Shutting Down?
Cryptocurrency exchange EXMO.com is beginning an orderly wind-down after UK sanctions imposed on legal entities within its group cut off its ability to continue operating.
The company said the closure follows the May 26 designation of entities within the EXMO.com group under the UK’s Russia sanctions regime. EXMO disputes the sanctions but said it is cooperating with authorities and working to ensure an orderly clo…
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