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Ukraine vice prime minister calls on crypto exchanges to freeze Russian accounts

Ukraine vice prime minister calls on crypto exchanges to freeze Russian accounts

Mykhailo Fedorov, vice prime minister and minister of digital transformation of Ukraine, has called on crypto exchanges to freeze the accounts of both Russian and Belarusian users.

Fedorov posted the plea on Twitter on February 27, following several days of intense fighting in Ukraine after Russian forces invaded the country late last week. Jesse Powell, CEO of Kraken, one of the world’s largest exchanges, today responded that such a move could not be taken “without a legal requirement to do so”.

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