Major crypto exchange Binance has continued to provide services to non-sanctioned Russian people just a few weeks before fresh sanctions from the European Union.
Despite the sanction, Binance’s recently recruited sanctions executive disclosed that it doesn’t imply the firm isn’t abiding by the EU sanction.
Furthermore, Binance’s global head of sanctions, Chagri Poyraz, revealed in an interview that the Western sanctions aimed at Russia have served as a significant barrier for the enterprise ever since its imposition and the exchange has been striving diligently to adhere.
According to Poyraz, Binance has wholly blocked several areas that are not under Ukrainian authority, including annexations like Donetsk and Luhansk, ever since Russia’s attack on Ukraine began. Poyraz added that there was still an ongoing war in the region and that Binance is keeping a close eye on the situation.
Meanwhile, globally, Binance has…
