Switzerland is reportedly planning to freeze crypto assets owned by Russian citizens and businesses located within Swiss borders.
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Switzerland, known for its neutrality, plans to freeze crypto assets owned by Russian citizens and businesses located within Swiss borders, according to the Financial Times.
As it is known, Switzerland froze the bank accounts and physical assets of 223 Russian citizens, including close friends of President Vladimir Putin, last week. Now he seems to be planning to make a move on crypto assets. According to the information in the news, a senior official from the Ministry of Finance says the move is necessary to protect the integrity of Switzerland’s blockchain industry.
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