Stop Your Crypto Operations in Russia, Washington Tells Japanese Exchanges & Miners

Washington wants Japanese regulators to convince domestic crypto exchanges and miners to cut all ties with Russia, per a new report.

The Financial Times claimed that American “diplomats” believe “several” Japanese crypto exchanges are “still running in Russia,” according to unnamed “people close to the situation.”

The diplomats reportedly want Japanese miners to pull the plug on the crypto mining operations they are operating in the Irkutsk Oblast in Southern Siberia, according to “two people familiar with the matter.”

Irkutsk has become a hotspot for miners both domestic and international in recent times, with activity stepping up after China’s mining crackdown last year.

Source: https://cryptonews.com/news/stop-your-crypto-operations-in-russia-washington-tells-japanese-exchanges-miners.htm