Hardware wallet developer Trezor has stopped shipping devices to Russia
A spokesperson for Satoshi Labs confirmed this information

07.03.2022 - 12:45
282
1 min
0
What’s new? Satoshi Labs, a Czech company, has suspended shipments of Trezor crypto hardware wallets to Russia, NBC News reports. This came amid the imposition of economic sanctions against Russia. Kristýna Mazánkov, a spokesperson for Satoshi Labs, confirmed that Trezor wallets will not be supplied to Russia.
What preceded it? Major cryptocurrency exchanges such as Binance and Coinbase support the blocking of accounts of users from the Russian Federation who are on the sanctions list. It was previously mentioned that mining pools BTC.com and Ethereum have also suspended operations in Russia.
What is Trezor? It is a physical hardware-based cryptocurrency wallet that can be used regardless of Internet availability. The Trezor crypto wallet was developed in 2014 by Satoshi Labs. The device stores user keys and financial transaction data.
Useful material?
Mining
The bribe became a record for law enforcement officers in Russia
Jun 5, 2023
Incidents
The project’s team stated that less than 1% of monthly active users were affected by the attack
Jun 5, 2023
Market
Experts have linked this to the upcoming halving on the altcoin’s network
Jun 2, 2023
Market
The group of investors amended the claim they filed in June 2022 about a pyramid scheme
Jun 2, 2023
Market
The Russian fintech company B-crypto is responsible for the technical support of the process
Jun 2, 2023
Mining
The profit growth took place amid an increase in the number of transactions on the network
Jun 2, 2023