Cryptocurrency trading platform Currency.com has ceased operations in Russia

Europe-based cryptocurrency exchange Currency.com has joined a series of financial services platforms in suspending operations for users in the Russian Federation.

The latest decision announced on Tuesday comes after Currency.com suspended Russians from creating new accounts on its cryptocurrency trading site. All of these steps come in response to Russia's ongoing military invasion of Ukraine.

"Russia's invasion of Ukraine has brought violence and anarchy to the Ukrainian people," Vitaly Kedyk, CEO of Currency.com Ukraine, said in a statement.

"We condemn Russia's aggression in the harshest terms." We stand with Ukraine and all those who oppose this heinous conflict. We cannot continue to serve our customers under these circumstances.