In brief
- Russian authorities blacklisted crypto exchange WhiteBIT.
- They cited the exchange’s support of Ukraine’s military efforts.
- The company already prohibits Russian users.
Russian authorities blacklisted WhiteBIT on Monday, highlighting the crypto exchange’s support of Ukraine’s war effort as the conflict in Europe enters its fourth year.
The Prosecutor General’s Office of the Russian Federation designated WhiteBIT and parent company W Group as “undesirable organizations,” prohibiting the entities from holding bank accounts, transferring funds, or servicing customers within the country.
In a press release, Russian authorities described WhiteBIT as a European platform. Although the company is currently headquartered in…
Jan 27 2026
