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Russia Bans WhiteBit For Alleged Crypto Transfers To Ukraine’s Military
Russia has banned Ukrainian cryptocurrency exchange WhiteBit and its parent company, W Group, labeling them as “undesirable organizations.” Authorities claim WhiteBit transferred millions of dollars out of Russia to support Ukraine, including for military use. The ban comes as Russia advances strict new regulations for its domestic crypto market. WhiteBit and W Group Declared Undesirable in Russia On January 25, 2026, Russia’s Prosecutor General named WhiteBit, a Ukrainian crypto exchange, and its parent company, W Group, as “undesirable organizations.” This legal designation bans them from operating within ... (full story)
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