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EU: Cryptocurrency firms must scrutinize 2,200 Russian entities

Odaily2024/06/25 08:31
By:Odaily
Odaily News The European Council has adopted the 14th set of sanctions against Russia for its 2022 invasion of Ukraine, mainly targeting Russias industrial and financial ties with Vladimir Putins government. These include a ban on EU ports from reselling Russian liquefied natural gas, a ban on European banks from being linked to Russian financial transfer systems, and a ban on cryptocurrency platforms from providing transactions for any company or organization that helps Russia replenish its weapons supplies and military technology. Under the latest EU sanctions, cryptocurrency companies must review 2,200 Russian entities. (DLNews)
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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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