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marketNovember 6, 2026

EU sanctions, MiCA and law 282-FZ: why exchanges are leaving Russia

EU sanctions, MiCA and law 282-FZ: why exchanges are leaving Russia
Foreign crypto exchanges are leaving Russia under the combined influence of several factors — EU sanctions, the European MiCA regulation and Russian law No. 282-FZ. This is described in a report on the reasons platforms are exiting the Russian market. EU sanctions and MiCA requirements restrict how foreign platforms can work with Russian users. For its part, law No. 282-FZ sets additional conditions for operating on Russian territory. As a result, traders have to look for places to continue their crypto operations. The original does not specify where exactly they will go. For someone who holds or exchanges cryptocurrency, this means that familiar foreign platforms may become unavailable, and the route for exchanging will have to be reconsidered.