The ban has so far been announced by US, UK, Japan, and Canada, while discussions within the EU are still ongoing.
June 30, 2022The US plans to contribute USD 200 billion to the new initiative, while the rest of the G7 will contribute another USD 400 billion.
June 28, 2022FSB asked to "advance the swift development and implementation of consistent and comprehensive regulation of crypto-asset issuers and service providers".
May 23, 2022The US could enforce secondary sanctions against designated Russian entities and individuals, which would threaten anyone transacting with Russia.
May 9, 2022New OFAC designations; US and UK bans on Russian access to professional services; New trade restrictions, vessel designations
May 9, 2022Sanctions screening starts with effective KYC, says Refinitiv’s Neil Vaz, pointing to five “universal tools” crypto firms need to ensure compliance.
April 13, 2022The EU approved bans on Russian coal imports, high-tech exports, port access, and more banks. Australia has sanctioned 67 more individuals.
April 8, 2022Japan to impose new requirements on crypto exchanges. G7 rejects Russian demand for gas payments in rubles. US to help EU reduce dependence on Russian energy.
March 30, 2022The G7 and EU will prohibit gold-related transactions involving Russia and ramp up monitoring and information sharing to prevent Russian sanctions evasion.
March 25, 2022Any CBDC must support, and ‘do no harm’ to, the ability of central banks to fulfil their mandates for monetary and financial stability.
October 15, 2021