So far some less known crypto exchanges announced the suspention of accounts of whole Russian citizens and it seems that as war rages on this practice is getting popular and is being demanded continuously worldwide. First of all, the average Russian Ivan is not responsible for wreckless and savage actions of his government especially given there is still dictatorship in Russia and obviously no one asks him there whether he wants Putin or not. What's more blocking funds of the entire nation because of political motives will make crypto CEXs almost equal to government banks.If you just don't want to serve Russian, Belarussian, North Korean or any country you just have to announce it beforehand to give people time to withdraw their crypto to cold wallets like some CEXs stopped service for Chinese users with several warnings months before.Obviously crypto communities and their members should not be looted by CEXs because of the country they reside.
Submitted February 28, 2022 at 11:11PM
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