Mykhailo Fedorov, vice prime minister of Ukraine, tweeted Sunday asking all major cryptocurrency exchanges to block addresses of Russian users.
Here's a screenshot of his tweet:
But of course, not everyone had a positive feedback to it. His tweet has been widely criticized in the crypto community. One person said the request “Totally violates the foundations and very basis of cryptocurrency.”
Binance told CNBC Monday, “We are not going to unilaterally freeze millions of innocent users’ accounts,” adding:
"Crypto is meant to provide greater financial freedom for people across the globe. To unilaterally decide to ban people’s access to their crypto would fly in the face of the reason why crypto exists."