Cryptocurrencies

Animoca Breaks With Crypto Peers by Cutting Off Russian Users

  • ‘It’s a sanctioned country,’ company co-founder said
  • Many other crypto businesses resist call to isolate Russia
WATCH: Yat Siu of Animoca, discusses the blockchain game and non-fungible token (NFT) creator’s decision to cut its service to Russian customers.Source: Bloomberg
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Animoca Brands Corp. Ltd, one of the biggest and most visible blockchain gaming companies, is cutting its service to Russian customers in response to the invasion of Ukraine.

The company’s move makes it a standout among major crypto-related businesses, which have largely continued to serve Russian users even as sanctions mount and other industries pull back on investments there.