In the US, on the largest crypto-exchange Coinbase, Russians were blocked access to 25 thousand wallets. Sanctions against Russia because of the war unleashed by it with Ukraine and " This is stated on the website of the exchange..
\? 000 accounts associated with Russian individuals or entities that we believe are engaged in illegal activities. We have identified many of them through our own investigations.. Once we have identified these accounts, we have shared this information with the authorities to further support sanctions compliance,” said Paul Grewal, Coinbase Chief Legal Officer..
The company clarified that they are working to ensure that they do not open access to persons who have fallen under sanctions..
“If the client resides in a country or region that is subject to sanctions, or if he is identified as an individual or entity under sanctions, he cannot create an account on our platform,” Grewal emphasized..
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Recall that Australia stops buying Russian oil and increases the list of sanctions against Russia and its citizens. Sanctions will affect Russian propagandists who are trying to justify the war against Ukraine with fakes. In addition, the largest Australian companies refused to import Russian oil..