On March 1, according to the official website of the U.S. Department of the Treasury, the U.S. Department of the Treasury issued a new rule prohibiting Americans from providing any support to Russian oligarchs and entities, including through the use of digital currency or encrypted assets for transactions. The rule took effect on March 1. .
Additionally, the U.S. Treasury Department has asked Binance, FTX, and Coinbase to block sanctioned people and addresses.
Earlier news, people familiar with the matter said that the U.S. government urged cryptocurrency exchanges to curb Russia’s evasion of sanctions.