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Venezuela has imposed access restrictions on Binance, the cryptocurrency exchange, as part of a broader internet crackdown following controversial elections. The block, detected on August 9, affects the normal functioning of Binance's website and mobile application, prompting users to resort to VPNs to maintain access. Binance has acknowledged the block and assured Venezuelan users that their funds are safe. The restrictions are reportedly enforced through DNS blocking by CANTV, Venezuela's state-owned telecommunications provider.
Binance Access Blocked in Venezuela Amid Internet Crackdown Binance, the crypto giant, is facing access restrictions in Venezuela, forcing users to rely on VPNs. This move is part of a government crackdown following controversial elections. Despite these challenges, crypto… https://t.co/VRTaxVLTJ3
Venezuela’s Net Crackdown: Binance Blocked! Binance is getting slapped with restrictions in Venezuela, pushing crypto fans to fire up VPNs to stay connected. The crackdown follows sketchy elections, with the government tightening its grip on the internet. Binance and other… https://t.co/msHpvHV3Y2
Even @binance is now acknowledging the block saying that its Venezuelan users’ funds are SAFU 👀 https://t.co/Ky47wdEEcz https://t.co/wbFXtL4fy8
