Tuesday, 05 Nov 2024

Crypto exchange boss resists calls for ban on all Russia transactions

Crypto exchange boss resists calls for ban on all Russia transactions


Crypto exchange boss resists calls for ban on all Russia transactions
1.9 k views

It is not the place for cryptocurrency exchanges to block transactions by Russian users, the founder of one of the largest trading platforms has said, amid concern that digital currencies will be used to bypass sanctions.

Some now fear that the Russian government and its banks could aim to use crypto as a backdoor, as an alternative measure of international exchange to the dollar.

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