
EU checking if cryptoassets are being used to bust Russian sanctions
CNN
The European Commission is studying whether cryptoassets are being used to get around financial sanctions imposed on Russian banks following the country's invasion of Ukraine, a senior European Union official said on Wednesday.
Trading volumes between the Russian rouble and the Tether cryptocurrency spiked on Monday as the local currency tumbled to a record low on Western sanctions.
Crypto-exchange Binance has, however, blocked accounts of any Russian clients targeted by sanctions.
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