Blockchain firm Dapper Labs followed the EU's example and imposed restrictions on Russian accounts.
Blockchain firm Dapper Labs followed the EU’s example and imposed restrictions on Russian accounts.
The move comes as a result of the latest sanctions that the European Union imposed on Russia due to the ongoing military conflict with Ukraine.Russia with its eighth package of sanctions for its aggression against Ukraine. They include numerous restrictions, including export bans and outlawing all cryptocurrency transactions between Russians and European wallet providers.
“Our payment processing and stored value service partner is subject to EU regulations and has directed us to take action on all accounts held by those impacted by the October 6 restrictions, consistent with EU law,” the entity explained. Russian-based cryptocurrency accounts. All five addresses belonged to the neo-Nazi paramilitary group – Task Force Rusich – which had committed atrocities against soldiers in Ukraine. According to the finance organization, the wrongdoers funded their gruesome acts via digital assets.
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