Friday, 24 March, 2023

Ukraine has requested cryptocurrency firms to restrict Russian users

<p>Ukraine has asked major bitcoin exchanges to limit Russian account holders&#39; activities. On February 27, Ukraine&#39;s Vice Prime Minister, Mykhailo Fedorov, sent a tweet requesting that &quot;all major crypto exchanges block addresses of Russian users.&quot; The worldwide SWIFT financial system&#39;s economic sanctions have already raised fears of a cash flow in Russia. However, crypto firms have so far refused to comply with Ukraine&#39;s request to prohibit all Russian users.</p>