April 19, 2024

Satoshi Labs announced the suspension of the supply of their hardware wallets to Russia

NBC News, citing Satoshi Labs representative Kristina Mazankova, reports that the company is no longersupplies devices to Russia.

According to her, deliveries stopped immediately afterimposition of Western sanctions. It is not entirely clear how the sanctions limit the supply of cryptocurrency wallets, however, given that Satoshi Labs is located in the Czech Republic, the move is quite expected.

“Bitcoin is apolitical. I believe that bitcoin can help in a variety of situations, and it will remain so,” Mazankova said.

Despite statements about the “apoliticality” of the firstcryptocurrencies, Satoshi Labs is not going to stay out of politics. According to a representative of the Czech company, part of the employees of Satoshi Labs is "directly related" to the conflict between Russia and Ukraine. Most likely, we are talking about Ukrainian employees of the company.

It should be noted that the manufacturer of cryptocurrencywallets Ledger does not yet limit the supply of its devices to Russia. Now Ledger wallets are available for order, and the company estimates the delivery time at 15-30 business days.

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