Binance Halts Peer to Peer Crypto Transactions in Russia After Potentially Failing to Adhere to Sanctions Enforcement Requirements
P2P digital currency exchanges have reportedly assisted crypto traders with circumventing globally-enforced sanctions against Russia’s banking institutions. Crypto exchange Binance‘s recent activities might worsen its regulatory challenges in the US. The recent crackdown attempts to place a ban on transactions completed with payment cards that… Read More
Read more in: Blockchain & Digital Assets, Global | Tagged banking, binance, compliance, crypto exchange, crypto payments, Crypto Regulations, digital currency, digital financial services, financial services, international sanctions, p2p, p2p transactions, peer to peer, rosbank, russia, sanctions, tinkoff bank, virtual currencies
