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DOMAINS TOKEN-G

Ronald Maguire

01 May 2022 153 Read Crypto

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Binance Blocks Russian Government Accounts

Binance detected accounts associated with the Kremlin and banned several accounts. Bloomberg reported that a few people from Putin's inner circle were directly affected by this blocking. Binance, which has tightened the restrictions on Russian users before, looks like it will continue to increase these restrictions.

Sanctions Against Russia Won't Be Easier

The Russian government's avoidance of sanctions through cryptocurrencies is hindered by cryptocurrency exchanges such as Binance. The 3 accounts blocked by Binance belong to the daughter of Putin's spokesperson, the stepdaughter of the Russian Foreign Minister, and the Russian oligarch. Everyone connected with the Putin regime continues to feel the consequences of the war.

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