Coinbase blocks over 25,000 Russian-linked crypto addresses

Coinbase, one of the most popular cryptocurrency exchange platforms, announced today that it's blocking access to more than 25,000 blockchain addresses linked to Russian individuals and entities. The company also shared all the block addresses with the US government to "further support sanctions enforcement. Paul Grewal, Coinbase's Chief Legal Officerlaos, added that the crypto exchange is blocking sanctioned actors from opening new accounts and actively detecting attempts to evade the ban.

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