Binance and Coinbase made there decision about RussiaMarch 4, 2022
“We believe everyone deserves access to basic financial services unless the law says otherwise,” Coinbase Chief Executive Officer Brian Armstrong said in a series of tweets on Friday
“We are not going to unilaterally freeze millions of innocent users’ accounts,” a spokesperson of Binance, the world’s biggest crypto exchange.
Both cryptocurrency exchanges have said they will comply with government sanctions.
The statements come days after Coinbase and Binance said they would not freeze all Russian accounts following Ukraine’s request to major crypto exchanges asking for a complete ban.