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The CEO of Binance, Changpeng Zhao (CZ), stated that their exchange complies with Russian user sanctions. Blocking all Russian accounts would be ‘unethical.’ CZ said in an interview with Bloomberg why Binance should not prohibit all Russian clients. “, he explained. “It’s not our decision to make to freeze user accounts. Also, from an ethical […]
Russian citizens and businesses will reportedly have the right to acquire Bitcoin, but not via local infrastructure.
A government official in Moscow has advised Russians to avoid cryptocurrencies now when interest in foreign fiat currencies is declining in the country. The high-risk assets are not suitable for the savings of most people and make sense only for investments by rich people, his comments suggest. Finance Ministry Don’t Want to See Russians Saving [...]
The post Russians Warned Against Saving in Crypto Amid Declining Savings in Foreign Fiat appeared first on Crypto Breaking News.
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