Bitget has tightened its compliance controls by restricting access to Russia, Belarus, Kazakhstan, and 20 sanctioned platforms, including BitPapa and NoOnecrypto Inc. The exchange’s Chinese subsidiary terminated accounts involved in transactions with these entities, citing the need to maintain a secure and compliant trading environment. Affected users receive notifications about next steps and withdrawal arrangements. Bitget saw $1.4 billion in outflows over the past 30 days, following a $352 million hack in late September. These measures come amid increased regulatory scrutiny on crypto platforms.
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