In the last days of February, we witnessed a development that closely concerns the whole world. Russia, which accepted the so-called administration of pro-Russian separatists in Ukraine, then started to deploy soldiers from different regions on the Ukrainian borders. This step was considered as Russia’s invasion of Ukraine and in a short time many countries and companies decided to impose sanctions on Russia.
Russia, which has made heavy interventions in civilian areas and constantly intervened in the occupation of Ukraine’s capital Kiev, caused the death of countless soldiers and civilians, on the one hand, and hundreds of thousands of people living in Ukraine as refugees. caused them to leave their country. All these steps brought Russia to face an ‘economic blow’ and to face sanctions. Another critical step has come from the EU for the ‘complete implementation’ of these interventions
Sanctions will be avoided with crypto assets
Finance ministers of 27 EU member states, Russia- They met in an online meeting to discuss the economic effects of the Ukraine war. Making a statement after the meeting, EU Term President, French Finance Minister Bruno Le Maire said, “We have decided to work on additional measures to further increase the effectiveness of the sanctions imposed on Russia and to prevent any follow-up of the measures decided by the 27 member states.” In his statement, he also touched upon the issue of crypto assets.
Indicating that they have prepared all the measures to prevent the sanctions from being overcome through crypto assets, Maire also spoke about the subject, in addition to the EU Commission Senior Vice President Valdis Dombrovskis, “We need to take new measures on cryptocurrencies. We decided it was necessary.” Stating that the volume of crypto assets has increased, Dombrovskis stated that cryptocurrencies are especially examined and if necessary, they will focus on this issue further.
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