USDC Issuer Circle: Temporarily Bans All Fiat Payments from Russian Accounts

Time:2022-03-05 Source: 1340 views Mining Copy share

USDC publisher Circle said in a statement on its official website that in response to the unusual events that occurred after Russia invaded Ukraine, the United States and the United Kingdom imposed extensive economic sanctions aimed at holding Russia accountable. In order to comply, Circle has temporarily banned all fiat payments from accounts in Russia, including payments from cards issued in Russia.

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