Watch: U.S. Treasury sanctions crypto miner BitRiver and Binance limits Russian accounts: CNBC Crypto World
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CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what’s ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today’s show, Ari Redbord of TRM Labs explains the latest round of sanctions on crypto firms with ties to Russia and discusses how effective crypto sanctions have been.
00:00 - CNBC Crypto World, April 21, 2022
0:23 - Bitcoin trades above $42K
0:38 - The headlines
2:09 - Ari Redbord of TRM Labs
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U.S. Treasury sanctions crypto miner BitRiver and Binance limits Russian accounts: CNBC Crypto World
00:00 - CNBC Crypto World, April 21, 2022
0:23 - Bitcoin trades above $42K
0:38 - The headlines
2:09 - Ari Redbord of TRM Labs
» Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision
» Subscribe to CNBC: https://cnb.cx/SubscribeCNBC
Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business news worldwide.
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U.S. Treasury sanctions crypto miner BitRiver and Binance limits Russian accounts: CNBC Crypto World
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Francisco Gimeno - BC Analyst Sanctions on Russia are affecting even crypto exchanges. The debate is hot. Sanctions are a legitimate tool in politics. As the sanctions are now, it is fine, as essentially crypto exchanges dealing with Russia have stopped the transactions over a certain threshold, have put more KYC regulations, in order to cut Russia (not the normal Russian citizens who don't do large transactions) from the global crypto scenery and the financial system. Of course it's very difficult to stop everything, and more in the crypto place. The good thing is that the sanctions based on fiat are easier to control and that is what make a country economy work.