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EU Unveils Sweeping Russia Sanctions With Full Ban on Crypto Platforms
The European Union has unveiled its largest sanctions package against Russia in two years, introducing a full ban on crypto providers and platforms established in the country. The measures prohibit all transfers and exchange services linked to Russian-based crypto entities. “Russia is becoming increasingly reliant on cryptocurrencies for international transactions,” the EU said in an April 23 statement. “The EU is introducing a total sectoral ban on providers and platforms established in Russia that allow the transfer and exchange of crypto assets.” The package also blocks Russia’s central bank digital ... (full story)
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