EU: Cryptocurrency firms must scrutinize 2,200 Russian entities

Odaily News The European Council has adopted the 14th set of sanctions against Russia for its 2022 invasion of Ukraine, mainly targeting Russia's industrial and financial ties with Vladimir Putin's government. These include a ban on EU ports from reselling Russian liquefied natural gas, a ban on European banks from being linked to Russian financial transfer systems, and a ban on cryptocurrency platforms from providing transactions for any company or organization that helps Russia replenish its weapons supplies and military technology. Under the latest EU sanctions, cryptocurrency companies must review 2,200 Russian entities. (DLNews)