Cryptocurrency News

US diplomats call on Japan’s crypto exchanges to cut ties to Russia: Report

07/09/2022

Less than a minute

2022.07.09 02:15

US diplomats call on Japan's crypto exchanges to cut ties to Russia: Report
US diplomats call on Japan’s crypto exchanges to cut ties to Russia: Report

Officials representing the United States government have reportedly urged Japan’s licensed cryptocurrency exchanges to stop doing business with Russia, seemingly as part of the country’s economic sanctions.

According to a Thursday report from the Financial Times, U.S. diplomats requested several of the 31 crypto exchanges licensed to do business in Japan and certain miners to halt operations in Russia. Japan’s financial watchdog, the Financial Services Agency, or FSA reportedly issued demands to the respective exchanges to sever any remaining ties with Russia.

07/09/2022

Less than a minute

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