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The European Union has enacted its 19th sanctions package, targeting Russian cryptocurrency exchanges and the A7A5 stablecoin as part of broader measures against financial evasion.
The US Treasury has targeted two UK-registered cryptocurrency exchanges associated with Iran’s financial system, marking a significant shift in sanctioning digital asset platforms.
The rise in crypto received by illicit addresses reflects the impacts of sanctions imposed on various entities globally, with significant transactions reported.
In response to international sanctions, Russia's central bank is exploring the possibility of relaxing its stringent rules on cryptocurrency transactions.
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