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Crypto exchanges continue to do business in Russia. - Vimarsana News

Crypto exchanges continue to do business in Russia.

Since invading Ukraine, Russia has been considered the pariah of the business and financial world. But, in contrast to numerous companies from other industries, the significant cryptocurrency exchanges do not want to withdraw from the country. In doing so, they are undermining Western sanctions, warns Ross Dalston, a lawyer and former bank regulator. 'Cryptocurrencies provide an escape route to safety that otherwise would not exist.' Kraken, Binance and Coinbase continue to isolate Russia and persuade an end to the attack; Western states have banned some of the country's banks f...