# US and EU double down on measures against Russia potentially using crypto to evade sanctions

# US and EU double down on measures against Russia potentially using crypto to evade sanctions

” US and EU double down on measures against Russia potentially using crypto to evade sanctions “ The United States and the European Union have announced new actions targeting Russia’s economy and wealthy individuals as a report suggests Vladimir Putin’s allies have attempted to circumvent sanctions using cryptocurrency in foreign countries. In a Friday announcement,…

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# Bitfinex refuses to freeze crypto belonging to non-sanctioned Russians

# Bitfinex refuses to freeze crypto belonging to non-sanctioned Russians

” Bitfinex refuses to freeze crypto belonging to non-sanctioned Russians “ Amid global businesses boycotting the Russian residents over the military conflict in Ukraine, some companies in the cryptocurrency industry stand up for the rights of non-sanctioned Russian citizens. Bitfinex, an affiliate firm of the world’s largest stablecoin provider, Tether (USDT), will not unilaterally freeze…

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# Republican lawmakers introduce bill targeting China’s CBDC on sanctions, privacy

# Republican lawmakers introduce bill targeting China’s CBDC on sanctions, privacy

” Republican lawmakers introduce bill targeting China’s CBDC on sanctions, privacy “ Nine Republican senators have backed legislation aimed at directing the policy of U.S. government agencies around concerns that China’s digital yuan may be used to circumvent sanctions and compromise users’ personal information. In a Wednesday announcement, Louisiana Senator Bill Cassidy and Tennessee Senator…

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