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“We’re not going to unilaterally freeze hundreds of thousands of harmless customers’ accounts. Crypto is supposed to offer higher monetary freedom for folks throughout the globe. To unilaterally resolve to ban folks’s entry to their crypto would fly within the face of the explanation why crypto exists. Nevertheless, we’re taking the steps obligatory to make sure we take motion in opposition to people who have had sanctions levied in opposition to them whereas minimizing influence to harmless customers. Ought to the worldwide group widen these sanctions additional, we’ll apply these aggressively as nicely,” a Binance spokesperson instructed CoinDesk.
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