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EU is ‘taking measures’ against Russia using crypto to bypass sanctions, say finance ministers

“When it comes to economic and financial sanctions, we want to remain flexible and mobilized,“ said France’s finance minister, Bruno Le Maire.

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EU Commission to remove Russian banks from SWIFT cross-border network

While condemning the Russian president Vladimir Putin’s move to lay siege across Ukraine, the EU Commission committed to undertake a series of measures to isolate Russia from the international financial…

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China Mining Ban Worsened Bitcoin’s Carbon Footprint, Study Claims

Contrary to some expectations, Beijing’s crackdown on the crypto mining industry has increased Bitcoin’s carbon emissions, researchers have alleged. Leaving China, miners also left behind its eco-friendly hydropower and are…

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European Parliament to Cancel Vote on Crypto Assets Framework

The European Parliament will not hold a planned vote on crypto regulations after texts that can be interpreted as an attempt to ban coins with energy-intensive mining sparked negative reactions.…

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EU Members Want to Task New AML Watchdog With Crypto Oversight, Report Unveils

A group of EU nations have reportedly been lobbying to entrust oversight of the crypto space to a new anti-money laundering (AML) agency. Behind the move are concerns that companies…

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