US urges Japan to step up pressure on crypto miners with links to Russia
— Mining, Japanese, Miners, Close, Links, Exchange, Crypto, Russia, Pressure, Cryptocurrency — 1 min read
US diplomats asked Tokyo to focus on halting mining operations based in Siberia. The request was directed to several of Japan’s 31 licensed crypto exchanges that are still running in Russia. The move is part of an effort to maintain pressure on Putin as the war in Ukraine continues, said people briefed on the matter. The US state department said Washington and its allies were “united in our determination to hold Russia to account” for the war against Ukraine. “We will continue to evaluate the impacts of our measures and are prepared to take further measures,” a state department spokesperson said. Many of the exchanges contacted by the Financial Times said they currently do not have any operations in Russia. However some exchanges and crypto mining businesses have evolved a complex Source