Binance announced that Following the EU’s fifth package of restrictive measures against Russia, Binance is required to limit services for Russian nationals or natural persons residing in Russia, or legal entities established in Russia, that have crypto assets exceeding the value of 10,000 EUR.

Below is the information from the press release. And if you don't have a Binance account yet - With this special partner link, you can get -20% trading fees. And, of course, an additional -25% if you use BNB


Accounts that classify under this restriction will be put into withdrawal-only mode. No deposits or trading will be permitted on these accounts. The limit also covers all spot, futures, custody wallets, and staked and earned deposits. In addition, all deposits to accounts for Russian nationals or natural persons residing in Russia, or legal entities established in Russia with over 10,000 EUR will be restricted.

Accounts for Russian nationals residing outside Russia, as verified with proof of address, and accounts for Russian nationals or natural persons residing in Russia, or legal entities established in Russia, that remain below a total value of 10,000 EUR, will remain unaffected and active.

Russian nationals or natural persons residing in Russia, or legal entities established in Russia, with open Futures/Derivatives positions, and who have crypto account balances that exceed 10,000 EUR will be given 90 days to close out their positions. No new positions will be allowed to be added.

While these measures are potentially restrictive to normal Russian citizens, Binance must continue to lead the industry in implementing these sanctions. We believe all other major exchanges must follow the same rules soon.

In the past Binance announced Donation of $10M to Ukraine Humanitarian Effort

In the latest, AMA which Charles Hoskinson recorded from Dubai, once again he disappointed me and my friends by mentioning "Ukrainian crisis" out of context.

Read more on this blog why:
https://read.cash/@cryptotexty/charles-hoskinson-a-suggestion-to-avoid-hypocrisy-and-ukrainian-crisis-term-397fbb87

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AIBC Asia will take place in Dubai on the 20th to 23rd of March at the Festival Arena by InterContinental Hotel Dubai Festival City.

AIBC Asia has announced its first event for 2022, a 3-day summit taking place in Dubai on the 20th to 23rd of March at the Festival Arena by InterContinental Hotel Dubai Festival City. Early bird tickets for the event offering advantageously priced packages are available to purchase until the 7th of February.

Dubai’s future-looking economic vision has undoubtedly pushed the emirate to the forefront of the business world, with business-friendly regulation schemes, government support, and attractive taxation benefits. With the UAE ahead of the curve when it comes to frontier industries such as AI and Blockchain, the event offers unparalleled opportunities for entrepreneurs from across the globe to network and share ideas with like-minded delegates as East meets West.

This will be the second time the summit has been held in Dubai, with a first run taking place last May alongside the Affiliate Grand Slam – a summit dedicated to marketing and affiliation.

With the success of the event supporting this year’s choice of location, AIBC Asia will continue to build on the strong relationship forged between AIBC and the Emirati government during the inaugural 2021 event. Additionally the summit will play host to a trifecta of industries, making this the ideal canvas for leveraging the benefits of cross pollination.

Delegates can expect some of the best and brightest in the industry, establishing the summit as a hub of learning and education when it comes to emerging technology, with the conference line up being graced by the likes of Josef Holm, Loretta Joseph, Dr. Marwan Alzarouni, H.E. Laila Rahhal El Atfani, and Richard Hogg.

The AIBC Emerging Tech Pitch is also back, bringing great ideas to life, building solid relationships between investors and startups and supporting the unicorn ambitions of intriguing new companies. The event will also celebrate the achievements of more established businesses – the AIBC Awards take place on the 20th of March, shining a spotlight on the sector’s highest achievers in a gala evening which also includes a charitable auction. Nominations close on the 23rd of February.