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Binance cryptocurrency exchange shuts down transfers and withdrawals to foreign banks for Russians

  • May 12, 2022
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Binance, one of the world’s largest cryptocurrencies, has closed Russian transfers and withdrawals to foreign banks. According to Ukrinform, this was announced on Telegram by the Deputy Prime

Binance, one of the world’s largest cryptocurrencies, has closed Russian transfers and withdrawals to foreign banks.

According to Ukrinform, this was announced on Telegram by the Deputy Prime Minister – Minister of Digital Transformation Mykhailo Fedorov.

“Binance, one of the world’s largest cryptocurrencies, has closed transfers and withdrawals of Russians to foreign banks, regardless of their country of residence,” Fedorov said. Said.

As Ukrinform reported, Binance cryptocurrency exchange previously blocked cryptocurrency accounts of relatives of Kremlin officials.

In particular, the crypto money accounts of Polina Kovaleva, the stepdaughter of Russian Federation Foreign Minister Serhiy Lavrov, were blocked; Elizabeth Peskova, daughter of President Vladimir Putin’s press secretary, Dmitry Peskov; Kirill Malofeev, son of businessman Konstantin Malofeev, is involved in the theft of bitcoin from the WEX exchange, according to media reports, which is under OFAC sanctions.

Source: Ukrinform

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