Following a recently introduced financial promotion regime for UK-registered crypto firms, EXMO.com will pause the provision of services to UK customers. Existing customers should expect to receive notifications requesting them to transfer their funds to alternative VASP accounts.

After careful consideration and evaluation of the company structure, we arrived at a conclusion that serving Russian and Belarusian clients will prevent us from maximising our strengths and performing better. In this current climate, which is highly uncertain, we must prioritise our adaptability by following a more rigid strategy.

Having faced a bad actor attack last year, we’re reporting that the issue has been resolved and lessons have been learnt. Read on for further details.