Bitcoin mining hosting steadfast BitRiver called sanctions imposed yesterday connected it by the U.S. Office for Foreign Assets Control (OFAC) an effort to favour American companies successful a connection provided to CoinDesk connected Thursday.
BitRiver's genitor institution is based successful Switzerland and “has ne'er provided services to Russian authorities institutions” oregon worked with entities already targeted by sanctions, Igor Runets, the company's CEO and founder, claimed to CoinDesk.
“These US actions should evidently beryllium viewed arsenic interference successful the crypto mining industry, unfair contention and an effort to alteration the planetary equilibrium of powerfulness successful favour of American companies,” Runets added.
In its connection yesterday, OFAC said that companies similar BitRiver "help Russia monetize its earthy resources" and added BitRiver and 10 subsidiaries to its database of specially designated nationals taxable to sanctions.
BitRiver is 1 of the largest bitcoin mining hosts successful Europe and operates six information centers, with different 3 nether construction, today's connection said.
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