Ukraine Requests Cryptocurrency Exchanges to Block Russian Investors Accounts

Ukrainian Deputy Prime Minister and Minister of Digital Transformation Mykhailo Fedorov has asked all major cryptocurrency exchanges to block the addresses of Russian users.

February 26 on Russian and Belarusian Announcing that those who disclose the crypto accounts of politicians and the addresses associated with them will be rewarded by the Ukrainian crypto community. Fedorov, February 27 in a post on block addresses of Russian users from all major cryptocurrency exchanges wanted.

Federov also shared;

It is very important not only to freeze addresses associated with Russian and Belarusian politicians, but also to sabotage ordinary users.

made statements.

Responses from the crypto community to Federov’s request were swift. Ukraine-based digital asset start-up DMarketon demand Russian and Belarusian users to register on the platform banned and by freezing the accounts of users who have previously registered from these regions suspended. Dmarket also Removed the Russian ruble from payment options reported.

Cryptocurrency exchange Krakenfounder of Jesse Powellretweeting Federov’s tweet, with a series of posts, Russian users’ accounts why can’t they freeze explained. “I understand your request, but Despite my deep respect for the Ukrainian people, Kraken, Russian users cannot freeze their accounts without a legal obligation.” said.

However, stating that “Russians should be aware that there may be such a requirement soon”, Powell implied that the accounts of Russian users may be frozen in the future. Powell also shared his posts;

If we were to voluntarily freeze the financial accounts of those living in countries that unjustly attack and incite violence around the world, the first step would be to freeze all US accounts.

by making a statement USAMade a reference to .

source site-9