Belarus Bans Bybit, OKX and KuCoin Over 'Indecent' Ads
Belarusian authorities announced on Dec. 11, 2025 that they are banning access to leading crypto exchanges Bybit, OKX and KuCoin after determining the platforms failed to comply with local advertising rules and displayed what officials called 'indecent' ads. Regulators said the companies did not correct promotional materials after warnings, and ordered measures that may include blocking websites, removing ads from local channels and pursuing administrative penalties. Exchanges have not publicly detailed planned responses to the enforcement as of the announcement.
The action underscores growing regional scrutiny around how crypto services market themselves and could complicate access for Belarusian users who rely on foreign platforms for trading and yield products. Market observers say the decision may push other firms to tighten ad review and localization practices to avoid similar enforcement, and serves as a reminder that advertising compliance is increasingly a regulatory flashpoint in the crypto industry.