EU Bans All Russian Crypto Wallets and Payments in New Sanctions Package
Further tightening its financial sanctions against Russia for invading Ukraine, the European Union has announced a complete ban on crypto payments to Moscow.
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Further tightening its financial sanctions against Russia for invading Ukraine, the European Union has announced a complete ban on crypto payments to Moscow.
The Bass, Berry & Sims international trade team is actively monitoring the situation in Russia and Ukraine and providing real-time advice to clients on managing the situation. This post...
On September 19, the Commerce Department’s Bureau of Industry and Security (BIS) updated its growing list of aircraft that have flown into Russia…
Pro-Russian groups have raised $400,000 in cryptocurrency since the start of the Ukraine invasion to fund paramilitary operations and evade U.S. sanctions.
The groups used Telegram to raise funds in cryptocurrencies to purchase equipment like drones and radios for the Russian military.