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Binance is blocking usage of Binance to exchange cryptocurrency for other assets. Note this part: "Binance blocked the account of the Kremlin spokesman’s daugh
by pwg 5y ago
Binance is blocking usage of Binance to exchange cryptocurrency for other assets.
Note this part: "Binance blocked the account of the Kremlin spokesman’s daughter when she tried to use the exchange"
"blocked the account" -- i.e., the Binance account.
"use the exchange" -- one would "use an exchange" to convert cryptocurrency to/from fiat or to transfer/receive cryptocurrency held by Binance to/from Binance -- so what they are blocking is using Biance to buy/sell/send/receive cryptocurrency on Binance.
But cryptocurrency transfers to another wallet of the same cryptocurrency that happen outside of Binance can't be blocked by Binance.