The European Union directs the "digital
strike" first against Russia by targeting
cryptocurrency platforms
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#اخبار_الكريبتو_العاجلة #عملات_رقمية #اقتصاد_رقمي #wct $SOL
In a first-of-its-kind precedent, the European Union revealed the inclusion
of cryptocurrency trading platforms in its latest sanctions package against Russia, as part of its efforts to close loopholes for circumventing Western financial sanctions.
The nineteenth package of sanctions includes a ban on all digital currency transactions for Russian residents, restrictions on dealings with foreign banks connected to Russian alternative payment systems, as well as a ban on transactions with entities operating in special economic zones.
European Commission President Ursula von der Leyen emphasized in her statement that the Union will continue to develop its tools to combat attempts at evasion, asserting: “For the first time, our sanctions will strike cryptocurrency platforms and prevent related digital transactions.”