Trustee Plus Halts New User Registrations from Ukraine Amid Regulatory Uncertainty

Cryptocurrency wallet provider Trustee Plus has suspended new user registrations from Ukraine, citing regulatory ambiguity as the primary reason. The decision reflects growing challenges for crypto businesses operating in jurisdictions with unclear legal frameworks.

Ukrainian citizens residing in EU member states remain unaffected and can continue accessing Trustee Plus services. Company CEO Vadym Hrusha indicated the firm WOULD pivot focus toward European markets where established regulations provide clearer operational guidelines.

The move comes as Ukraine’s legislative body continues deliberating cryptocurrency regulation, creating uncertainty for market participants. Trustee Plus becomes the latest crypto service provider to adjust operations in response to evolving global compliance landscapes.