“We do not intend to unilaterally freeze the accounts of millions of innocent users. Cryptocurrencies were supposed to give people around the world more financial freedom,” a company spokesman said.
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On Sunday, Binance announced that it was donating ten million dollars (220 million CZK) to humanitarian purposes in Ukraine. The donation will be distributed to non-governmental non-profit organizations.
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Ukrainian Deputy Prime Minister Mykhailo Fedorov, who is also the Minister for Digital Transformation, has called for donations in the cryptocurrencies on Twitter. “Take the side of the Ukrainian people. We now accept donations in cryptocurrencies,” he wrote on the social network. He also published the addresses of wallets for the cryptocurrencies bitcoin, ethereum and tether. It was also Fedorov who called on cryptocurrency exchanges to block Russian accounts.
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Western allies have stepped up efforts to punish Russia with new sanctions, leaving most Russian banks disconnected from the SWIFT global payment system. Russia’s central bank assets will also be frozen, limiting the country’s access to its foreign reserves.
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European stocks are weakening due to tough anti-Russian sanctions, the pan-European STOXX Europe 600 index depreciated by around 1.3 percent in the morning. Concerns about supplies, the price of oil is rising. North Sea Brent added almost five percent this morning. According to the specialized website CoinDesk, the most famous cryptocurrency bitcoin lost more than two percent to about $ 38,200. The ruble weakened against the dollar by about 22 percent.
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