Yahoo Finance's David Hollerith details crypto trading platforms such as Coinbase and Binance continuing to accommodate users in Russia despite multinational companies cutting business ties with the country and how cryptocurrencies evade financial sanctions for both Russian and Ukrainian citizens.
Binance already didn't allow US users. It's no big deal if it doesn't allow Russian users now.It seems, what world war III has taught me, is all this shit about crypto's central theme of being de-centralized is all a load of bs. If countries can still ban it and cut off all on/off ramps (even into other countries), it kinda defeats the whole point of crypto...
I imagine Binance & Coin are on very limited time before the West closes in on them and dictates what accounts can be used (at best). Worst case scenario, is these exchanges get shut down completely.
terr, how do you feel about this?CISCO and Microsoft has stopped sales and support of their products in Russia. If Russian customers do not try to bypass the checks, most Cisco routers' licenses will be suspended. If they bypass the checks, the routers will function for another 30 to 90 days, then will stop.
I feel that Russia has to be isolated from the world. At all costs. Whatever craters their economy is good. This is not politics. This is way beyond politics. Rabid dogs have to be isolated.terr, how do you feel about this?
Wonder if their villas will turn off their AIS as well.Looks like them Oligarch yachts have started to turn off their AIS (which is illegal) in order to avoid justice.