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.”
Despite calling the measures “unethical,” Binance chief Changpeng Zhao says the company “must continue to lead the industry in implementing these sanctions.”
Any new measures are intended to block foreign meddling in Ireland’s political funding and will be guided by a soon-to-be-established Electoral Commission.
A new EU proposal, put forward last week, would target Russian nationals with more than €10,000 in their accounts — but unhosted wallets are exempt from sanctions.
Russian crypto sanction evasion is not significant, Secretary Yellen said, but a new bill could force exchanges to block Russian-based users.
Sanctions targeting Russia have boosted Japan Prime Minister Kishida’s popularity, but polling shows citizens want tougher action on Putin.