Coinbase Blocks 25 000 Russian Linked Accounts And Promotes Crypto Over Fiat For Sanctions
“Many of which we have identified through our own proactive investigations,” the company said. “Once we identified these addresses, we shared them with the government to further support sanctions enforcement.” In a blog post, the cryptocurrency exchange said when a user opens an account, it checks provided information against a list of sanctioned individuals or entities provided by United States, United Kingdom, European Union, United Nations, Singapore, Canada, and Japan, as well as blocking users from sanctioned areas such as Crimea, North Korea, Syria, and Iran....