Belarusian Crypto Broker Cifra Markets Halts Operations with Multiple Platforms Due to Sanctions
Belarusian crypto broker Cifra Markets is ceasing cooperation with several crypto platforms, including Grinex, HTX, Rapira, ABCeX, Capitalist, Aifory Pro, Exnode Pay, Exmo, and CryptoBar, citing sanctions.
Cifra Markets, a Belarusian cryptocurrency broker, has announced it is discontinuing its partnership with a number of crypto platforms due to sanctions. The affected platforms include Grinex, HTX, Rapira, ABCeX, Capitalist, Aifory Pro, Exnode Pay, Exmo, and CryptoBar.
The move comes amid tightening international sanctions targeting Russian and Belarusian entities. The broker did not specify which sanctions triggered the decision or provide further details on the timeline of the termination.
Market participants should note that Cifra Markets clients using these platforms may face service disruptions. No further comment has been issued by the broker at this point.
Source: MarketTwits