Coinbase, Binance resist calls to kick Russians off crypto platforms

Two of the world's biggest cryptocurrency exchanges, Coinbase Global Inc and Binance, rejected calls on Friday for a blanket ban on all Russian users to stop their platforms from being used as a way round Western sanctions.

By staying put in Russia despite the invasion of Ukraine, the two exchanges are diverging from mainstream finance in a way some anti-money laundering experts and European regulators say weakens Western attempts to isolate Moscow.