No Major Exchanges Responded to Ukraine’s Call for Crypto Barriers

Bitcoin (BTC) sees it as a safe haven and takes shelter in cryptocurrencies as a last resort Ukraine a while ago, he made a call to the world’s leading cryptocurrency exchanges. Accordingly, Ukraine, which has requested the account suspension of large exchanges for Russian citizens, seems to have failed to reach its goal so far.

Responding negatively to the call in question for now, but not refraining from supporting the Ukrainian people. Binance, Coinbase and Kraken exchanges announced that they will not freeze the exchange accounts of Russian citizens.

Binance stated that the Russian government will not take a unilateral freeze on users, and

We will not unilaterally freeze the accounts of millions of innocent users. Crypto needs to provide greater financial freedom for users around the world.

said.

Jesse Powell, CEO of Kraken cryptocurrency exchange, stated in his tweet yesterday that they cannot take such a decision unless there is an official and legal requirement, and stated that they cannot freeze the accounts of Russian customers for now. However, Powell’s last sentence was also extremely important in terms of intimidating the Russians: “Russian users should be prepared for such an action!”

Coinbase exchange, just like Binance and Kraken, are among those that give negative feedback to the related demand. Stating that it will not prevent transactions involving all Russian addresses, the exchange argued that such a ban would adversely affect innocent Russian citizens.

The USA Could Sanction Stock Markets!

On the other hand, it is said that the USA is aiming to impose sanctions on leading crypto currency exchanges. If this happens, all exchanges that give a negative response from the beginning may deviate from their decisions. Now everyone’s eyes are on the new statements from the stock markets.

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