- Jesse Powell declines Ukraine’s request to block Russian crypto accounts.
- Earlier, the Vice PM of Ukraine requested crypto exchanges to freeze the accounts.
- Binance Exchange also plans not to block user accounts.
In a recent Twitter post by Ukraine’s Vice Prime Minister Mykhailo Fedorov, the government asked all the exchanges to freeze the crypto addresses of Russian users. He also requested other exchanges to block crypto accounts of Russian and Belarusian politicians as well.
As a response to Fedorov’s announcement, Kraken exchange CEO Jesse Powell declined the Ukrainian government’s request. He also added that the request could be imminent.
1/6 I understand the rationale for this request but, despite my deep respect for the Ukrainian people, @krakenfx cannot freeze the accounts of our Russian clients without a legal requirement to do so.
Russians should be aware that such a requiremen …
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