The administration of U.S. President Joe Biden called on cryptocurrency exchanges to provide guarantees that Russian individuals and organizations under sanctions will not be able to use digital currencies to circumvent restrictions. About it writes Bloomberg.

The White House National Security Council and the U.S. Treasury Department addressed the largest cryptocurrency exchanges on this issue, in particular Binance, FTX and Coinbase (NASDAQ:COIN).

A Binance representative said that the exchange has no plans to close access to the trading platform to all Russian users without exception, but the platform has already taken steps to identify the sanctioned individuals. FTX and Coinbase are also cooperating with the U.S. presidential administration, Bloomberg’s sources claim.

The head of Kraken crypto exchange Jesse Powell said that the platform has no plans to block users from Russia, but may do so if such a request comes from the U.S. authorities or other countries.