Binance u-turns on Russian trading ban, Kraken remains steadfast
Despite calling the measures “unethical,” Binance chief Changpeng Zhao says the company “must continue to lead the industry in implementing these sanctions.”
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Kraken CEO: Exchange must ban US traders if it freezes Russian accounts
Kraken’s CEO, alongside other exchanges, issued warnings about storing funds with centralized custodians as Russian sanctions pile up.
Binance, Kraken will only freeze Russian crypto traders if they’re sanctioned
Binance is blocking crypto traders on sanctions lists but won’t widely ban Russian users, as it would supposedly go against crypto’s values.
NFT market OpenSea now worth more than Kraken, Gemini, and eToro
OpenSea is now valued at $13.3 billion after a fresh funding round, meaning the NFT market is worth more than exchanges Kraken and Gemini.
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