Dude  , that is just different context.

Yupp .. they did it in style.

After they decided to donating $10 million to help the humanitarian crisis in Ukraine , there is another great gesture here by letting russian using their platform , of course there is no political interest here .. both sides helped by binance while they could also get a lot of traffic and new user incoming with the economic crisis getting hit russia. Well done binance.

I think that it doesn't matter f Binance not blocking the wallet of Russian users. It is fair because they are the provider and also users, no worry if they come from Russia r not as long as the country is not restricted. And if Binance blocks the user from Russia, maybe they will lose some percentages of the income activities.
I am also wondering that not all people of Russia and also Ukraine also support the war, aren't they? I feel so silly for them that they are both victims of the certain politics or interests from the government. We really hope that the war will end soon and will not  infleunce biger war again

Binance has that neutral thinking.

CZ understands it together with his team that the most affected if they'll put sanctions just like the other industries to Russia, are the innocent people there.

They know that there could be government supporters that would take money to go through crypto but the majority are just innocent citizens that want an end to this battle.

I believe you must have read this article yourself and seen the difference between the Nigerian blocked accounts and what the situation is with the Russian traders. If you are using Binance and know you have to complete KYC yet didn't and still want to get those services then I think that is justified plus a law enforcement request. Even though I am not in support of the Russian Government's move on Ukrain, traders from Russia shouldn't be the ones receiving all the hits from all these sanctions cos we know they will feel it the most so it's a thoughtful move by Binance. 

I like what Binance did and for me it was the right thing,
They don't have to ban all of their Russian customer's because there are also innocent people out there and they could use crypto to save some of their wealth.

I disagree but I may be corrected if I am wrong.  Binance enforces Know Your Customer now.  If they truly cared about providing good service to customers despite political pressure or government dealings, it would have ran without Know Your Customer even today.  And I do not think they wanted this policy implemented, particularly with Binance sitting a few months ago on the top of non Know Your Customer centralized Exchanges.  It was an advantage of theirs.

With enough political pressure, they know their entire business can be screwed so at the end of the day they have to accept whatever they are told to do.  Sad, but stompix is right.  It is all about how much pressure the United States government wants to put on you before you give up neutrality.

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Regards,
PrivacyG

Binance has really gone through alot in terms of regulations and if am not mistaken the company was hit hard from the European countries which i find amusing now because these are the most likely to be putting pressure on them to put temporary sactions on Russia and based on probability they could actually have a good number of customers coming from this part of the world... and as a business they wouldn't want to go down this route because it will hurt them financially .

I think like that. Russia is a country with a fairly large number of miners. In addition, they are a country with a large number of Binance members. Blocking is too complicated and it goes against the principle of decentralized Bitcoin that cannot be controlled (other than money). In fact, it seems that Bitcoin transactions with rubles have increased since last month. I am happy with Binance's neutral decision, it is good news for Bitcoin and crypto users around the world.

Exactly, if one of the associates of the Russian president had an account with them then I think they could block their account especially if they were asked to do so by a powerful entity, like the US government, but blocking Russian citizens just because of the place they were born, something in which they had no control at all, is simply wrong.

So I agree with decision of Binance of not doing anything like this, however lets see for how long they can maintain this posture as it would not be weird if they changed their stance if the pressure on them to do something like this keeps growing.

Elizabeth Warren, democrat of Massachusetts have written a letter to Janet Yellen, the Treasury Secretary under Biden. Now everyone want to make the sanctions effective as Russia tries to use cryptocurrency as a tool. Majority of the members are under Biden administration haven't made it a big proposal, because they're sure that Russia can't overcome the imposed sanctions with cryptocurrency.