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3232EU Targets Crypto Asset Providers Accused of Aiding Russia in Warfare Against Ukraine
https://www.digit.info/eu-targets-crypto-asset-providers-accused-of-aiding-russia-in-warfare-against-ukraine/
Wed, 26 Jun 2024 11:20:50 +0000https://www.digit.info/2024/06/26/eu-targets-crypto-asset-providers-accused-of-aiding-russia-in-warfare-against-ukraine/Read more]]>The 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 […]
]]>Treasury Secretary Janet Yellen Warns Gas Prices Could Spike This Winter — Says ‘It’s a Risk’
https://www.digit.info/treasury-secretary-janet-yellen-warns-gas-prices-could-spike-this-winter-says-its-a-risk/
Mon, 12 Sep 2022 23:49:44 +0000https://www.digit.info/2022/09/12/treasury-secretary-janet-yellen-warns-gas-prices-could-spike-this-winter-says-its-a-risk/Read more]]>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 […]
]]>Analysts Warn of Regulatory Risks if Russia Is Able to Use Crypto to Evade Sanctions
https://www.digit.info/analysts-warn-of-regulatory-risks-if-russia-is-able-to-use-crypto-to-evade-sanctions/
Sun, 27 Feb 2022 00:30:00 +0000https://www.digit.info/2022/02/27/analysts-warn-of-regulatory-risks-if-russia-is-able-to-use-crypto-to-evade-sanctions/Read more]]>Russia 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 […]