The European Central Bank is looking to bolster sanctions, wanting to make sure crypto isn't a method for evasion.
Christine Lagarde, president of the European Central Bank , has called on lawmakers to approve a regulatory framework on crypto, hinting at potentially preventing Russia from getting around economic sanctions.said
the European Central Bank would be “decisively and rigorously” implementing the sanctions on Russia imposed by European lawmakers in response to the country’s invasion of Ukraine. In response to a question on Russia potentially using crypto to evade some of these measures, the ECB president urged action on an existing proposal for a regulatory framework on digital assets.
“Whenever there is a ban or prohibition or a mechanism in place to boycott or prohibit, there are always criminal ways that will try to circumvent the prohibition or the ban,” said Lagarde. “It’s so critically important that MiCA is pushed through as quickly as possible so we have a regulatory framework within which crypto assets can actually be caught.
However, rapporteur Stefan Berge announced on Friday he had postponed the vote amid concerns it would be crypto mining. At the time of publication, there is no scheduled date for EU officials to vote on the framework.aimed at imposing “devastating costs” on Russia due to the country’s attack on Ukraine. The president announced that the United States and its allies would impose sanctions on five major Russia-based banks as well as several elite nationals who have “enriched themselves at the expense of the Russian state.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Russia pounds Ukraine as U.S. and European sanctions mountRussia attacked Ukraine at multiple points, pushing the United States and Europe to try to isolate Moscow's economy.
Weiterlesen »
Ukraine-Russia conflict: EU preparing to freeze Putin, Lavrov's European assetsEuropean Union officials are preparing a third round of sanctions against Russia over the attack on Ukraine, including freezing the European assets of Russian President Vladimir Putin and Foreign Minister Sergey Lavrov, according to media reports.
Weiterlesen »
Ukraine attack won't hinder Russia with European Space AgencyThe director of the European Space Agency (ESA) said on Twitter Friday that while the agency has been monitoring the 'evolving situation' in Ukraine, its partnerships with Russia would continue as planned.
Weiterlesen »
Ukraine-Russia Latest Updates: Ukrainian Father Says Goodbye to Daughter as He Fights RussiaRussian forces have reportedly entered the Ukraine capital of Kyiv, and fighting continues in Ukraine through the night. Get the very latest here.
Weiterlesen »
Russia-Ukraine live updates: Ukrainian president says Russia targeting him, his familyFrom Rome to London to Berlin, major monuments and government buildings are lit in the colors of Ukraine in solidarity amid Russia's invasion. LIVE UPDATES:
Weiterlesen »
Russia-Ukraine: What to know as Russia attacks UkraineRussian troops have launched a three-pronged assault on Ukraine that brought explosions and fear to the capital, Kyiv, and other cities.
Weiterlesen »