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Leading Crypto Exchange Binance Shuts Down Russian Accounts in Compliance With New EU Sanctions
Crypto fesuiaiga tele Binance says it will halt services in Russia to comply with the latest round of restrictive measures imposed on the embattled nation by the European Union (EU).
E tusa ai ma se kamupani fou tesi meli, o le lalolagi pito sili ona tele fa'afesuia'iga fa'atauva'a o le a fa'ate'aina tala Rusia e sili atu i le $10,000 euros (EUR) pe a uma ona tu'uina atu e le EU se fa'asalaga lona lima i luga o le atunu'u mo le osofa'ia o Iukureini i se finauga fa'alotoifale.
"Binance is required to limit services for Russian nationals or natural persons residing in Russia, or legal entities established in Russia, that have crypto assets exceeding the value of 10,000 EUR…
O tala e fa'avasegaina i lalo o lenei fa'atapula'a o le a tu'u i totonu na'o le tala i tua. Leai se tupe teu po'o fefa'ataua'iga o le a fa'atagaina i luga o nei teugatupe. O le tapula'a e aofia uma ai avanoa, lumana'i, atotupe fa'asao, ma tupe teu fa'atau ma maua.”
Ae peitai, Binance notes that Russian nationals living outside of Russia and Russian accounts valued under $10,000 EUR can still remain active.
"Faʻamatalaga mo tagatanuu Rusia o loʻo nonofo i fafo atu o Rusia, e pei ona faʻamaonia ma faʻamaoniga o le tuatusi, ma faʻamatalaga mo tagata Rusia poʻo tagata moni o loʻo nonofo i Rusia, poʻo faʻalapotopotoga faaletulafono na faʻatuina i Rusia, o loʻo tumau i lalo ole tau aofaʻi o le 10,000 EUR, o le a tumau e le afaina ma malosi. .”
Accounts that fall under sanctions have 90 days to close out their positions, according to Binance.
Binance says they expect other major crypto exchange platforms to follow suit and implement the sanctions as well.
“While these measures are potentially restrictive to normal Russian citizens, Binance must continue to lead the industry in implementing these sanctions. We believe all other major exchanges must follow the same rules soon.”
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Le pou Leading Crypto Exchange Binance Shuts Down Russian Accounts in Compliance With New EU Sanctions faʻaalia muamua Le Aso Taʻitasi Hodl.
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