US and EU double down on measures against Russia potentially using crypto to evade sanctions

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US and EU double down on measures against Russia potentially using crypto to evade sanctions
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Russia’s economy and wealthy individuals are reportedly in the crosshairs of the US and UK as sanctions are being avoided.

they may be turning to the United Arab Emirates for solutions. The news outlet reported that crypto firms in the country had received multiple inquiries about using crypto to purchase property or liquidate large amounts of digital assets.

"We've been seeing a lot of Russians and even Belarusians coming to Dubai and bringing whatever they can bring, even in crypto," said an unnamed real estate broker whose company partnered with a crypto firm.to block all addresses from Russian users. However, Coinbase and Kraken — both with headquarters in the United States — said they would freeze assets of individuals named in sanctions.

Today, the entire democratic world has united against Russia to punish the bloody invaders economically. I call on

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