Crypto exchange Coinbase says it will not institute a blanket ban on all Russian accounts

• The cryptocurrency exchange will continue to prohibit accounts of sanctions-targeted Russians

• Ukraine receives $20 million in Bitcoin donations targeted for military support

Coinbase Global ,Inc. (COIN ), a cryptocurrency exchange based in the United States, will continue to prohibit accounts and transactions for Russian individuals who are subject to sanctions, but it will not ban accounts of all Russian users.

"At this time, we will not institute a blanket ban on all Coinbase transactions involving Russian addresses," a Coinbase spokesperson told Reuters.