Ledger stops shipping crypto wallets to Russia and Belarus
The company supported the eighth package of sanctions against the Russian Federation adopted by the European Union

15.10.2022 - 07:30
182
2 min
0
What’s new? Ledger, a manufacturer of hardware crypto wallets, announced the termination of shipments to the Russian Federation and the Republic of Belarus. Previously, the company sold devices through the Russian representative office Ledger Russia on the marketplaces Ozon and Wildberries. Thus, the company supported the eighth package of sanctions against the Russian Federation, adopted by the European Union on October 6.
What is known about Ledger? Founded in 2014, the company develops cryptocurrency security solutions as well as blockchain applications for companies. It produces its own hardware wallets for storing digital assets. Ledger currently has more than 2 million active users per day, and about 20% of cryptocurrencies worldwide are protected using the company’s technologies.
In June, Ledger launched its own NFT marketplace, as well as a service platform for enterprises operating in Web 3.0.
In April, the company released its new universal hardware wallet Ledger Connect, version Nano S Plus. The device is designed for cryptocurrency, DeFi, and NFT users. On April 4, Ledger partnered with The Sandbox metaverse to promote its services through raising user awareness of cryptocurrencies.
For more details on whether hardware crypto wallet makers can block access for Russians, see GetBlock Magazine’s article.
Useful material?
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