On June 19, the OKX cryptocurrency exchange made changes to the service for Russian citizens, restricting their access to a number of products.
Russians will not be able to take advantage of individual Earn product offerings, as well as Shark Fin and Double Investment products.
Representatives of the platform explained their decision by the desire to “quickly respond to market demands and regulatory requirements.”
“In the event these offers become unavailable to you, your previous subscriptions will automatically terminate on the redemption date. You can also end them early if the product provides for early repayment,” they added.
Recall that in early June, OKX conducted the twentieth procedure for the redemption and burning of native tokens. The platform withdrew nearly 5.5 million OKBs worth ~$258 million from circulation (based on a 90-day average price).
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