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EU adopts fourth sanctions package

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Published: March 10th, 2022,
Last updated: December 21st, 2022

The EU is imposing further sanctions on Russia and its ally Belarus. The ambassadors of the member states agreed yesterday to include cryptocurrencies in the restrictions that apply to other financial transactions with Russia. In this way, they want to prevent Bitcoins and other cryptocurrencies from being used to circumvent punitive measures.

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Finance European policy