Binance Blocks Accounts Linked to Relatives of Senior Russian | Bitcoin Ethereum Crypto guide

Binance Blocks Accounts Linked to Relatives of Senior Russian Officials

Digital asset exchange Binance has blocked accounts tied to relatives of government officials in Moscow. Amid mounting international penalties over Russia’s invasion of Ukraine, the trading platform said it will continue to check for users associated with sanctioned individuals.

Binance, the world’s leading cryptocurrency exchange, has blocked several accounts linked to relatives of some high-ranking members of Russian President Vladimir Putin’s administration, Bloomberg reported. The move comes as sanctions continue to rain on Russia in response to its military assault on neighboring Ukraine.Among the users who have been denied access in the past two months since the Russian troops crossed the Ukrainian border.