Binance refused to block accounts of Russian users
The platform's representatives said that no restrictions on work for citizens of the Russian Federation are expected
28.02.2022 - 12:05
506
1 min
0
What’s new? The Binance cryptocurrency exchange refused to freeze hundreds of thousands of accounts of Russian users. The platform did not block the wallets of clients, despite the requirements of the Ministry of Digital Transformation of Ukraine.
Information on the RBC website
What do the Binance representatives say? The exchange representatives noted:
“Crypto is meant to provide greater financial freedom for people across the globe. To unilaterally decide to ban people’s access to their crypto would fly in the face of the reason why crypto exists.”
Who restricted access to accounts? On the CEX IO platform, access was restricted for new users from Russia, Belarus, and Ukraine. By new, we mean accounts registered less than four months ago. Representatives of BTC Alpha stated that “they are forced to suspend the platform for Russian citizens until the situation in Ukraine stabilizes.”
Useful material?
Telegram 
Twitter Technologies
Network fees will be integrated into the cost of swaps
Nov 22, 2024
Market
The company’s unrealized profits from investing in its first cryptocurrency approached $14 billion
Nov 19, 2024
Incidents
The search, the reason for which was not announced, took place a week after the election, the results of which Polymarket users predicted quite accurately
Nov 14, 2024
Market
Analysts point to the growing popularity of the first cryptocurrency as a safe haven asset
Nov 13, 2024
Market
The product will begin trading on the Swiss Exchange on November 19
Nov 12, 2024
Market
The company’s unrealized profits from investing in the first cryptocurrency approached $13 billion
Nov 12, 2024
Cryptocurrency rates
-
Bitcoin
$98 470
BTC
+1.48%
-
Ethereum
$3 303.04
ETH
-0.18%
-
BNB Smart Chain
$579.4
BSC
+1.23%
-
Ripple
$1.45
XRP
+30.97%
-
Dogecoin
$0.400547
DOGE
+4.74%
-
Cardano
$0.940937
ADA
+19.71%
-
Bitcoin Cash
$484.07
BCH
+0.78%
-
Polkadot
$6.39
DOT
+9.65%
-
Stellar XLM
$0.298634
XLM
+24.27%
-
Litecoin
$90.03
LTC
+1.78%