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Russian miners and cryptocurrency holders hit twice

  • April 22, 2022
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Another round of Western sanctions on Russia due to the war with Ukraine has affected Russian miners and cryptocurrency holders. Initially, the world’s largest digital asset exchange Binance

Russian miners and cryptocurrency holders hit twice

Another round of Western sanctions on Russia due to the war with Ukraine has affected Russian miners and cryptocurrency holders.

Initially, the world’s largest digital asset exchange Binance imposed restrictions on users in Russia whose total digital assets exceed 10,000 euros. From now on, such wealthy cryptocurrency Pinocchio will only be able to withdraw his funds from Binance’s wallets.

No more trading cryptocurrencies or investing in digital assets. Representatives of the exchange quickly noted that if the international community demands a complete blockade or other punitive measures against the Russians, Binance will immediately support them.

Meanwhile, the US authorities attacked the Russian miners. The US sanctions list includes BitRiver, one of Russia’s largest data centers specializing in mining equipment.


Source: GSM Info

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