Report lists crypto exchanges that have not yet adopted the latest EU sanctions on Russia.
Crypto Exchanges Still Available to Russians Despite Latest EU Sanctions, Report Unveils
a wide range of sanctions last week, aiming to hit Russia’s government, economy, and trade harder. Along with other measures, the eighth package of EU restrictions banned the provision of all crypto wallet, account, or custody services to Russian residents and entities.operations with Russian accounts, a number of crypto exchanges have not conformed to the European requirements yet, the crypto page of leading Russian business news portal RBC revealed in a report.
Crypto exchange FTX, which is registered in the island nation of Antigua and Barbuda, has not imposed restrictions on users from the Russian Federation. The same applies to another platform that’s popular in Russia, Garantex, which continues to work with Russian traders. The U.K.-based crypto exchange Exmo, a regional leader in Eastern Europe and the countries in the former Soviet space,its Russian business to a local vendor in late April, along with the rights to the Exmo.me domain and branding. Exmo.me continues to facilitate crypto trading in Russia and its close partners, Belarus and Kazakhstan.
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