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Cryptocurrency Exchanges Still Offering Services to Russia Despite EU Sanctions

Last week, the European Union (EU) passed a wide variety of sanctions with the intention of putting more pressure on Russia’s administration, economy, and commerce. The ninth package of EU limitations forbade the provision of any cryptocurrency wallet, account, or custody services to Russian citizens or businesses in addition to other sanction measures. A number […]

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Cryptocurrency Regulation Becomes a Trending Topic for European Regulators

Governor of Banque de France, François Villeroy de Galhau, spoke about cryptocurrency regulation at a conference on digital finance in Paris on September 27. The French central bank boss noted: “We should be extremely mindful to avoid adopting diverging or contradictory regulations or regulating too late. To do so would be to create an uneven […]

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EU Announces Metaverse Regulation Initiative Plans

Happenings across the globe show that many countries are working toward integrating and aligning their regulatory systems to accommodate Metaverse activities. That said, the European Union (EU) bloc is one of the global regions in this process and recently announced a Eurozone initiative that will allow Europe to “thrive in the metaverse.” The initiative, which […]

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EU Targets Cryptocurrency Industry as It Issues Fresh Round of Restrictions on Russia

As it expands its sanctions against Russia on its military invasion of Ukraine, the European Union (EU) has again gone after the cryptocurrency industry. Last Friday, the European Commission introduced a dusty round of restrictions on Russia agreed on by the Council of the EU. The Commission detailed that the additional sanctions should “further contribute […]

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