Kraken’s Powell suggests blocking Russian addresses from exchanges 

Mykhailo Fedorov, Ukraine's Vice Prime Minister and Minister of Digital Transformation, asked "all major crypto exchanges to block addresses of Russian users," CoinDesk reported. He tweeted:

No ‘legal requirement’ to do so

Kraken founder Jesse Powell refused to freeze the accounts. He explained that his exchange’s mission is "better served by focusing on individual needs above those of any government or political faction".

He did hint that he might change his mind in the future. While there’s no legal requirement to freeze Russian accounts at the time, he points out:

Powell also said:

Binance will not suspend 'innocent user' accounts

A representative of Binance (BNB/USD), the biggest cryptocurrency exchange in the world by trading volume, told Reuters it wouldn’t unilaterally freeze user accounts in Russia. They said:

Ukrainian DMarket accepts request

DMarket, a digital assets company founded in Ukraine, agreed. It works as an exchange to trade virtual items from any game on any platform. They tweeted:

Vlad Panchenko, the founder and CEO of DMarket, had his team fly from Kiev to Montenegro almost a month ago, back when the prospect of Russian invasion was only a threat.

More than 100 of DMarket employees and their families moved to the Balkan country. Fedorov suggested donating the funds in accounts frozen by DMarket to the war effort.