Binance will stop the acceptance of visa and mastercards in russia. Does this mean that they do not want the russians to convert their money into crypto or are they planning to completely ban the exchange for the russian users ?
CZ told that this move was not in their control meaning there was external pressure on binance for this action ?
More details:-
Binance To Stop Accepting Mastercard, Visa Cards in RussiaLol! Visa and Mastercard has banned their services in Russia and that's why Binance has no choice but to reatrict visa and Mastercard for their Russian clients. It's not a choice of Binance, rather it's a part of the ongoing sanctions.
Please change the thread title to correct the perspective. Otherwise it sounds like Binance has banned these all, which is obviously not true!
Thank you for pointing this out. I have changed the title so it is not misleading. Also, i have updated the OP with this official announcement.