According to FT, the European Commission is proposing a blanket ban on crypto transactions with Russia to curb sanctions evasion. The plan would prohibit engagement with any Russia-established crypto asset service provider or platform, citing concerns that Moscow uses crypto to bypass restrictions. The proposal also targets Russia-linked crypto entities spun out of sanctioned platforms and includes a ban on digital rouble transactions. The measures are part of the EU’s upcoming sanctions package and require ...

🚨NEW: EU PROPOSES BAN ON ALL CRYPTO TRANSACTIONS WITH RUSSIAAccording to the Financial Times, the European Union aims to block Russian crypto assets to prevent sanctions evasion.This move targets both individual and institutional crypto flows connected to Russia.This could significantly impact cross-border crypto trading and liquidity involving Russian entities. ...

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New York Assemblymember Phil Steck introduced legislation that would charge an 0.2% tax on crypto transactions across the Empire State. https://t.co/HXTEyFrhWf ...