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Binance has imposed restrictions for Russian citizens on accounts with a balance of more than 10,000 euros

Binance has imposed restrictions for Russian citizens on accounts with a balance of more than 10,000 euros

Binance has imposed restrictions for Russian citizens on accounts with a balance of more than 10,000 euros from Bitcoin




View Reddit by Dimmao_memeView Source

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11 Comments

  1. Not your keys noted, but disturbing nonetheless, another green checkmark for BTC and black eye for centralized exchanges. I gotta do a deep dive on Bisq and bitcoin DEX volume.

  2. I don’t get it. All these restrictions can be avoided if businesses accept crypto that their customers use. Why isn’t anyone stepping up? This is the only way to bypass sanctions generally, by any country: don’t use off-ramps.

  3. In many ways this could be good for bitcoin in the long term. It forces Russian bitcoin developers and users to build a decentralized infrastructure for cryptocurrency that doesnt touch traditional finance. We’ve been relying on too many centralized providers to scale this industry and we are seeing the tangible threats they pose for the future.

What do you think?

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