The two major crypto exchanges followed Binance by excluding Russian banks under international financial sanctions from their payment options. Tinkoff Bank and Sberbank are no longer available on the list of peer-to-peer (P2P) transactions on Bybit and OKX. According to Russian media, local users can no longer receive fiat money in exchange for their crypto on Tinkoff Bank or Sberbank accounts on the P2P platforms of OKX and Bybit. However, at the time of publication, OKX still allows users to receive fiat to their accounts of the Russian branch of Raiffeisen Bank and the Russian Standard Bank. The WSJ reported that the sanctioned banks were removed from the list altogether.
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