๐ฌ๐ง BREAKING: UK SANCTIONS
18 CRYPTO ENTITIES LINKED TO RUSSIA
The British government just
sanction 18 entities involved in
circumventing sanctions via crypto.
๐ VERIFIED FACTS:
โ The "A7 network" reportedly moved
$90 billion funneled to Russia via crypto
โ More than half of the military budget
annual Russian
โ A stablecoin backed by the Russian ruble
(Word) at the heart of the network
โ $93 billion in volume in 1 year
โ Sanctioned entities: companies
Russian speakers facilitating some
transactions with entities
already under sanctions
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๐ก๏ธ WHAT THIS MEANS FOR YOU
โ Only use exchanges
regulated and compliant with laws
โ Avoid platforms without an address
identifiable legal
โ Full KYC = protection for you
Regulation is cleaning up the market.
It's painful. It's necessary.
In the long run, this is POSITIVE for $BTC and $ETH.
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๐ฌ Do you think regulation
helps or harms crypto?
๐ Follow + ๐ for the analysis.
โ ๏ธ Personal opinions.
Not financial advice. DYOR.
#Bitcoin #BTC $BTC $ETH #Regulation
#CryptoNews #Security #UK