Crypto exchange boss resists calls for ban on all Russia transactions

Changpeng Zhao, founder of Binance, says exchanges will comply with curbs on individuals, but rejects blanket banRussia-Ukraine crisis: live newsIt is not the place for cryptocurrency exchanges to block transactions by Russian users, the founder of one of the largest trading platforms has said, amid concern that digital currencies will be used to bypass sanctions.The chief executive and founder of Binance, Changpeng Zhao, said the company was “not in a position to sanction, like, populations of people”. Continue reading…

Changpeng Zhao, founder of Binance, says exchanges will comply with curbs on individuals, but rejects blanket ban

It is not the place for cryptocurrency exchanges to block transactions by Russian users, the founder of one of the largest trading platforms has said, amid concern that digital currencies will be used to bypass sanctions.

The chief executive and founder of Binance, Changpeng Zhao, said the company was “not in a position to sanction, like, populations of people”.

Continue reading…

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