Like other exchanges, Coinbase has not gone so far as to block all Russians. The company pointed out that many of them oppose the government's invasion.
March 07, 2022 at 04:18 PM
3 minute read
The original version of this story was published on Corporate Counsel
To support economic sanctions that the U.S., United Kingdom, European Union and others have imposed in response to Russia’s invasion of Ukraine, Coinbase will block sanctioned individuals and entities from using its cryptocurrency exchange platform, the company’s chief legal officer wrote in a blog post Sunday.
This ban does not extend to all Russian customers, the company confirmed Monday.
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