Blockchain.com reports blocking Russia-linked addresses
So far the platform only blocks custodial accounts
14.10.2022 - 07:30
133
2 min
0
What’s new? Blockchain.com, a blockchain explorer and cryptocurrency wallet service, began blocking Russian users in accordance with the EU's eighth sanctions package. The letter, which was sent to some customers of the platform, says that they only have until October 27 to withdraw funds, after which their accounts will be blocked. Meanwhile, the accrual of rewards for Russian users has already been stopped. The notice also notes that the blocking will only affect custodial accounts.
More about the situation. On October 6, EU authorities completely banned crypto companies from serving Russians, regardless of the sum of assets on their accounts. Representatives of the cryptocurrency exchange Binance said that they have not yet received confirmation of the tightening of the rules and noted that if it is necessary to comply with the new restrictions they will allow customers from Russia to withdraw their funds from the platform. The exchange Huobi Global has no plans to impose restrictions against Russian users.
At the same time, NFT platform Dapper and Finnish cryptocurrency exchange LocalBitcoins have already supported the sanctions by freezing the assets of Russians — the company will allow customers from Russia to withdraw funds, after which they will block their accounts.
To find out which other platforms started to comply with the sanctions and where Russians can withdraw their assets, see GetBlock Magazine's article.
Useful material?
Telegram 
Twitter Market
It costs more than $2000 an hour for a company specialist, while at least 100 employees are involved in the proceedings on the collapse of the exchange
Jan 27, 2023
Market
The entrepreneur agrees to eat a Happy Meal live if the restaurant adds DOGE as a means of payment
Jan 27, 2023
Market
Cryptocurrency expert Dylan LeClair also noted that the average rate of most coins has been showing positive dynamics over the last 30 days
Jan 27, 2023
Market
At the DAO vote, the initiative received the support of about 99% of the participants
Jan 27, 2023
Market
The index rose to 55 for the first time since March 30, 2022
Jan 27, 2023
Market
The cost of the accounts ranges from $50 to $300, depending on the availability of verification
Jan 27, 2023
Cryptocurrency rates
-
Bitcoin
$22 933
BTC
-2.45%
-
Ethereum
$1 574.32
ETH
-2.41%
-
Ripple
$0.4
XRP
-2.19%
-
Cardano
$0.38
ADA
-2.25%
-
Dogecoin
$0.09
DOGE
+6.74%
-
Polkadot
$6.23
DOT
-2.28%
-
Litecoin
$94.74
LTC
+2.5%
-
Solana
$10.15
SOL
-9.47%
-
Monero
$174.47
XMR
-5.31%
-
Bitcoin-cash
$133.83
BCH
-0.01%