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South Korean Crypto Exchanges Restrict Russians’ Access Over War in Ukraine

Technology Manias – EᐯEᖇYTᕼIᑎG YOᑌ ᑎEEᗪ IᑎᗪEEᗪ

Major South Korean cryptocurrency exchanges have introduced restrictions for Russian users, effectively joining western sanctions over Moscow’s military invasion of Ukraine. The measures include blocking IP addresses originating from the Russian Federation. Largest Korean Exchange May Deny Withdrawals From Russia Several crypto trading platforms in South Korea, including the country’s largest, are banning access from Russian IPs, the Yonhap news agency reported on Thursday. Upbit, Korea’s leading digital asset exchange, announced it could reject withdrawal requests related to Russia. It elaborated: We’ve blocked subscriptions by users in countries which are…

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South Korean Crypto Exchanges Restrict Russians’ Access Over War in Ukraine was first posted on March 4, 2022 at 5:03 pm.
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