FREEBTCTAP - Free Bitcoin Knowledge Tap In!
  • Crypto Currency News
  • Home
    • Bitcoin 101 Books
    • Bitcoin Creator
  • Crypto Gold
  • Crypto Stories
  • Crypto Currency - Tips And News
  • FreeBtcTap - Nice Hash
  • FreeBTCTap - CryptoTab Real Free Bitcoin Miner
  • FreeBTCTap - What’s FreeBitCo.in
  • Contact
  • Privacy Policy
  • Terms And Conditions
  • About Us
  • Crypto Currency News
  • Home
    • Bitcoin 101 Books
    • Bitcoin Creator
  • Crypto Gold
  • Crypto Stories
  • Crypto Currency - Tips And News
  • FreeBtcTap - Nice Hash
  • FreeBTCTap - CryptoTab Real Free Bitcoin Miner
  • FreeBTCTap - What’s FreeBitCo.in
  • Contact
  • Privacy Policy
  • Terms And Conditions
  • About Us

“Russian Digital Asset Sanctions Compliance Act of 2022.”

5/2/2022

0 Comments

 
Picture
According to CNBC, the Blockchain Association has been pushing US senators against two pieces of legislation aimed at preventing Russian oligarchs from adopting cryptocurrencies to avoid sanctions placed on them when Russia launched its invasion of Ukraine.

The first is the "Russian Digital Asset Sanctions Compliance Act of 2022," a House bill. The other is the "Digital Asset Sanctions Compliance Enhancement Act of 2022," a Senate measure supported by crypto skeptic Senator Elizabeth Warren (D-Mass).
​

The laws provide the Biden administration the right to restrict US cryptocurrency exchanges from accepting Russian funds. They would also empower US authorities to punish overseas exchanges that facilitate transactions involving sanctioned Russian individuals or entities.

AAVE, Anchorage Digital, Ava Labs, Bitdeer, Blockchain Capital, Blockfi, Brevan Howard, Chainalysis, Circle, Crypto.com, Digital Currency Group, Dragonfly Capital, Etoro, Grayscale, Kraken, Ripple, Silvergate, Solana, Terra, Voyager, and Wicklow Capital are among the crypto platforms represented by the organization.

The group is attempting to persuade legislators that affluent Russians are not using bitcoin to dodge sanctions.​

0 Comments



Leave a Reply.

    RSS Feed


    NordVPN 2-years plan with 70% off for only $3.49/mo (30 days risk-free. Not satisfied? Get your money back, no questions asked.)

    Archives

    May 2022
    April 2022
    March 2022
    February 2022
    January 2022
    November 2021
    October 2021
    September 2021
    July 2021
    June 2021
    May 2021
    April 2021
    March 2021
    February 2021
    January 2021
    December 2020
    November 2020
    October 2020
    September 2020

    Categories

    All
    Altcoins
    Bakkt’s Exchange
    Bangladesh Crypto Currency News
    Bitcoin News
    Bitcoin Wallet
    Crypto Currencies And Rappers
    Crypto Currency Exchange
    Crypto Currency News
    Crypto Currency Politics
    Crypto Price Prediction
    Crypto Staking
    Crypto Taxes
    Elon Musk
    Ethereum
    Federal Reserve
    Ira Platform
    MeMe Crypto
    Metaverse
    Mining’s Rig
    NFT
    Nigeria Crypto Currency News
    PayPal
    Prophet Muhammad Crypto Currency
    Reddit News
    Robinhood
    Short Articles
    Stablecoin
    Staff Picks
    Vietnam Crypto Currency News

    RSS Feed