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EU Targets Crypto Asset Providers Accused of Aiding Russia in Warfare Against Ukraine

EU Targets Crypto Asset Providers Accused of Aiding Russia in Warfare Against UkraineThe most recent European Union sanctions against the Kremlin prohibit Eurozone operators from engaging with crypto asset providers that facilitate transactions supporting Russia’s defence-industrial base. Additionally, the new sanctions regime forbids Eurozone operators from utilizing the Russian-developed System for Transfer of Financial Messages (SPFS). These restrictive measures also focus on tankers associated with “Putin’s dark […]

Zimbabwe Devalues Gold-Backed Currency by 44%

Blockchain Developer Dapper Labs Announces Ban on Russian Accounts Following EU Sanctions

Blockchain Developer Dapper Labs Announces Ban on Russian Accounts Following EU Sanctions

Dapper Labs, the company behind blockchain-based game CryptoKitties and layer-1 digital ledger the Flow (FLOW) network, is announcing restrictions on accounts linked to Russia. Dapper Labs says that following the imposition of new sanctions against Russia and Russian nationals by the European Union (EU) last week, it will suspend the affected accounts as its “payment processing […]

The post Blockchain Developer Dapper Labs Announces Ban on Russian Accounts Following EU Sanctions appeared first on The Daily Hodl.

Zimbabwe Devalues Gold-Backed Currency by 44%

Treasury Secretary Janet Yellen Warns Gas Prices Could Spike This Winter — Says ‘It’s a Risk’

Treasury Secretary Janet Yellen Warns Gas Prices Could Spike This Winter — Says ‘It’s a Risk’U.S. Treasury Secretary Janet Yellen has warned that gas prices could rise again this year. “It’s a risk that we’re working on the price cap to try to address,” she stressed. “Our price cap proposal is designed to both lower Russian revenues … while also maintaining Russian oil supplies that will help to hold down […]

Zimbabwe Devalues Gold-Backed Currency by 44%

Analysts Warn of Regulatory Risks if Russia Is Able to Use Crypto to Evade Sanctions

Analysts Warn of Regulatory Risks if Russia Is Able to Use Crypto to Evade SanctionsRussia could turn to cryptocurrency if it is banned from the SWIFT payments system. Analysts have warned that if Russia is able to use crypto to evade sanctions, “political support in the U.S. for crypto will fall and regulatory risk will rise.” Crypto Faces Regulatory Risks if Used by Russia to Evade Sanctions Amid growing […]

Zimbabwe Devalues Gold-Backed Currency by 44%