What new EU sanctions mean for crypto exchanges and their Russian client
Despite many popular exchanges curtailing their operations within Russia, many platforms continue to service the region as usual.
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FX Strategists From Citi Say Euro Could Sink to $0.86 if Macro Turmoil Continues
While the euro has found support between 0.96 to 0.97 nominal U.S. dollars per unit, foreign exchange (FX) strategists from Citi believe the euro could tap a low of around…
The state of crypto in Western Europe: Swiss powerhouse and French unicorns
From taxes and legislation to the local startups and professional associations — all you need to know about blockchain and crypto in Western Europe.
BlockchainCom Imposes Restrictions on Russia-Based Users: Report
After CryptoCom, the crypto service platform – BlockchainCom – has announced plans to restrict Russia-based users. In an email to its users, the company notified that it will block the…
Blockchain.com closes crypto custody for Russians amid EU sanctions
Blockchain.com will soon shut down accounts of Russian nationals, while companies like Binance are also working to apply the new EU sanctions.
Portugal Prepares to Tax Crypto Gains at Rate of 28%, Draft Budget Unveils
Authorities in Portugal intend to impose a levy on gains from short-term crypto investments with the state budget for next year. The document, which still needs the approval of Portuguese…
It’s legislation season in the EU: Law Decoded, Oct. 3–10
In one week, the EU institutions voted in favor of a crypto-friendly resolution and promoted MiCA to the next stage.
European Parliament Committee passes MiCA crypto framework in landslide vote
Members of the committee passed the crypto framework policy in a vote of 28 in favor and one against, with a final vote expected with the full Parliament soon.
Dapper Labs Halted Servicing Russians Following Latest EU Sanctions
The blockchain-based gaming company – Dapper Labs – stopped servicing all accounts with connections to Russia, but they are still able to access and view their non-fungible tokens (NFTs). The…
Dapper Labs Suspends NFT Operations for Russian Users Amid New EU Sanctions
Canadian company Dapper Labs has blocked operations with non-fungible tokens (NFTs) for Russian accounts. The move follows a new round of sanctions recently imposed by the EU which prohibit the…
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