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EU sets up crypto task force to curb Russian sanctions evasion

NewsFeeds update

The European Commission decided at the EU's tenth high-level sanctions meeting to create a dedicated sanctions office with a crypto task force to counter Russia's use of digital assets to evade sanctions. The task force is expected to run for 12 months, with support from Ukraine and the UK, and will target networks including the A7A5 digital rouble stablecoin, which has traded more than $100bn.

RegulationOdailyAIBearish

Read the original on Odaily

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Every update is a short rewrite, by AI in our own words, of a flash from the outlet named on it, credited and linked. Not investment advice.