Post
Topic
Board Bitcoin Discussion
Re: Binance is refusing to block Russian customer's crypto wallets.
by
cheezcarls
on 04/03/2022, 16:17:00 UTC
Source: https://www.cnbc.com/2022/02/28/binance-will-not-block-russian-accounts-after-ukraine-request.html


Binance is refusing to lock account belonging to Russian customer's, what is your take on this? I believe that this might be a better move due to Russian Citizens that don't desire war still being able to move their Roubles to crypto for safe storage.

To be honest, I can feel what the ordinary anti-war Russian citizens are feeling right now in getting "isolated" from the world like the SWIFT, hard sanctions, etc., because of Putin and his cronies. They don't want this, because their global reputation is at stake.

I have a beautiful friend of Russia who is a crypto, DeFi and NFT advocate. For sure, she would be "devastated" if Binance and other crypto exchanges are going to block ordinary Russians from doing crypto trading and other transactions as usual.