The European Union Will Take Action Against the Use of Cryptocurrencies by Russia to Breach Sanctions!

According to the information conveyed by CNN, French Finance Minister Bruno Le Maire, in his statement, in order to prevent Russia from breaching economic sanctions. cryptocurrency He said they plan to take measures for their units.

“We Will Not Allow Russian Sanctions to be Pierced with Cryptocurrencies”

Le Maire, who made a statement to the press after his meeting with the finance ministers of the European Union countries in Brussels, said:

“We have decided to work on taking extra steps to further strengthen the effects of the sanctions we have imposed and to prevent any breach of the sanctions agreed by the 27 members. We will take new measures, especially on cryptocurrencies. Cryptocurrencies should not be used to circumvent sanctions imposed by the European Union.”

“We Will Examine All Ways to Prevent the Penalties of Economic Sanctions Using Crypto”

In addition, Le Maire stated that the details of the additional measures to be taken on cryptocurrencies are not yet clear. However, the French Finance Minister stated that EU member states are determined to focus on this area to ensure that the sanctions imposed on Russia are effective:

“We have a specific report produced by the head of the European Central Bank, Christine Lagarde. We will examine all ways to prevent the breaching of economic sanctions using cryptocurrencies.”

The European Parliament recently Bitcoin came to the fore with a bill of interest. The voting of the bill, which aims to ban cryptocurrencies such as Bitcoin, which it claims is not environmentally sustainable, was delayed indefinitely in the first place, and after this, the European Parliament said that the Bitcoin ban part of the law in question would be removed and submitted to the vote again.

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