According to the U.S. Securities and Exchange Commission’s Paul Munter, the agency’s acting chief accountant, the U.S. regulator is monitoring proof-of-reserves (POR) more closely. “We’re warning inve...
Tag: Servicing
Dapper Labs Halted Servicing Russians Following Latest EU Sanctions
The blockchain-based gaming company – Dapper Labs – stopped servicing all accounts with connections to Russia, but they are still able to access and view their non-fungible tokens (NFTs). The move com...
Kraken Investigated for Allegedly Servicing Crypto Traders in Iran: Report
A leaked internal document reportedly showed Kraken serviced 1,522 users with residences in Iran as of June It also had users in Syria and Cuba — both of which are sanctioned by the US Cryptocurrency ...
Coinbase Will Not Halt Servicing Russian-based Users, for Now, Says CEO
Coinbase has joined the list of cryptocurrency exchanges that do not plan to block Russia-based users from accessing their services. The company’s CEO believes that oligarchs won’t be able to use digi...
Blockchain Gaming Giant Animoca to Halt Servicing Russian Customers
Animoca Brands – one of the leading blockchain gaming companies – is reportedly planning to cut ties with Russian customers as a response to the country’s invasion of Ukraine. Animoca Brands is undoub...
Hillary Clinton Is ‘Disappointed’ That Some Crypto Exchanges Refused to Stop Servicing Russians
Former US presidential candidate – Hillary Clinton – criticized those cryptocurrency trading venues that refused to stop servicing Russian-based users. She once again opined that digital assets should...
Binance Will Not Halt Servicing Russian Accounts (Report)
The world’s leading digital asset exchange – Binance – does not intend to freeze the accounts of Russian-based individuals, a spokesman for the platform revealed. He further argued that “crypto is mea...
Ukraine Vice PM Asks Major Crypto Exchange to Stop Servicing Russian Customers
Mykhailo Fedorov – Vice Prime Minister of Ukraine – has called on crypto exchanges to freeze all Russian users’ blockchain addresses to help Ukraine defend itself from Russia’s invasion. In a tweet on...
Crypto Exchange Bitfinex Stops Servicing Ontario Customers, Asks Users to Withdraw Funds – Exchanges Bitcoin News
Cryptocurrency exchange Bitfinex has asked its Ontario users to withdraw their funds since they will no longer have access to any services offered by Bitfinex in March. Bitfinex Stops Providing Servic...