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Crypto exchange Binance blocks Russian users targeted by sanctions

Feb, 28, 2023 Hi-network.com

Crypto exchange Binance is blocking accounts of Russian clients targeted by sanctions. Ukrainian Vice Prime Minister Mykhailo Fedorov asked all major crypto exchanges to block the addresses of Russian users on his Twitter account, stating that: 'It's crucial to freeze not only the addresses linked to Russian and Belarusian politicians, but also to sabotage ordinary users.' Nonetheless, there will not be any prohibitions on innocent users, another Binance representative told Reuters.

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