1 week ago
EU-Russia Sanctions Expand Crypto Curbs and Bank Restrictions
NewsblockchainCryptoCrypto newsCrypto Platformscrypto regulationCrypto TradingcryptocurrencyDeFiDigital AssetsEnergy SanctionsEU Russia SanctionsEuropean UnionFinancial SanctionsMoscow ExchangeOil Price CapRussia SanctionsRussian Bankssanctions evasionShadow FleetUkraine War
TLDR: EU Russia sanctions expand transaction restrictions on crypto platforms suspected of helping Moscow bypass existing financial controls. The package places 94 financial institutions and the Moscow Exchange under sanctions, while 32 banks face SWIFT disconnection. EU members agreed to keep the Russian oil price cap at $44.10 per barrel for another 12 months. More [...]
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