🇪🇺 THE EU IS CREATING A SPECIAL TASK FORCE TO COMBAT SANCTIONS EVASION THROUGH CRYPTOCURRENCIES
The European Union is launching a special task force to identify ways of circumventing anti-Russia sanctions using digital assets.
The program was announced on November 6. Experts from the European Commission and representatives of EU countries will take part in its work.
The task force’s main objectives:
🔹 Coordinating investigations into cryptocurrency transactions.
🔹 Sharing intelligence.
🔹 Identifying new schemes for circumventing financial restrictions.
The task force is initially expected to operate for about 12 months. Ukraine and the United Kingdom will also join the initiative.
It seems the cryptocurrency sector is now becoming another front in the sanctions standoff with Russia.
Why even create it? Everyone’s already been wiped out on altcoins, and from March 1 the FSB will be cracking down too.
The European Union is launching a special task force to identify ways of circumventing anti-Russia sanctions using digital assets.
The program was announced on November 6. Experts from the European Commission and representatives of EU countries will take part in its work.
The task force’s main objectives:
🔹 Coordinating investigations into cryptocurrency transactions.
🔹 Sharing intelligence.
🔹 Identifying new schemes for circumventing financial restrictions.
The task force is initially expected to operate for about 12 months. Ukraine and the United Kingdom will also join the initiative.
It seems the cryptocurrency sector is now becoming another front in the sanctions standoff with Russia.
Why even create it? Everyone’s already been wiped out on altcoins, and from March 1 the FSB will be cracking down too.
