US and EU double down on measures against Russia potentially using crypto to evade sanctions
"The use of cryptoassets to circumvent economic sanctions is a criminal offence,” said U.K. regulators.
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"The use of cryptoassets to circumvent economic sanctions is a criminal offence,” said U.K. regulators.
With plans for a new watchdog, experts say the EU could take a more hardline position on digital assets.
Bitcoin‘s role as an inflation hedge is popular, with one expert stating that ”you don‘t need Bitcoin until you do.”
The European Union is extending the scope of sanctions introduced in response to Russia’s invasion of Ukraine, with the latest agreement between member states specifically mentioning crypto assets. Russian oligarchs,…
The expansion of sanctions follows the commission announcing in February that it would be removing several Russian banks from the SWIFT cross-border payment network.
The European Union’s regulatory proposal for crypto markets, MiCA, has been filed with the European Parliament. The latest version of the draft framework does not feature a controversial provision that…
"Strong support for MiCA is a strong signal from the EU Parliament for a technology-neutral and innovation-friendly financial sector," said Stefan Berger.
Headquartered in Switzerland, FTX Europe will offer FTX products in Europe, including crypto derivatives services.
G7 countries and the European Union are examining ways to stop the use of cryptocurrency by Russia to evade sanctions. “We should take measures to prevent listed persons and institutions…
The foundation took action to prevent, "attempts by people completely unaffiliated with Dogecoin to register" the names for reasons of fraud and extortion, according to board member Jens Wiechers.