Major Crypto Exchanges Respond To Ukraine’s Call To Ban Crypto For Russians
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Ukraine on Sunday requested major crypto exchanges to block addresses linked to Russia and Belarus, amid growing speculation that Moscow could use the platform to subvert recent economic sanctions. But the request was criticized by the crypto community. Kraken CEO Jesse Powell said while he respected the sentiment, considering Russia’s invasion of Ukraine, he would not block Russian users. Kraken is one of the largest crypto platforms in the country. Binance, the world’s largest crypto exchange, said it was taking actions against the entities blacklisted by the West, while minimizing the impact to innocent users, the Wall Street Journal reports. submitted by /u/SwapzoneIO |
