Dapper Labs Suspends NFT Operations for Russian Users Amid New EU Sanctions – Bitcoin News

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Dapper Labs Suspends NFT Operations for Russian Users Amid New EU Sanctions – Bitcoin News
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NFT platform Dapper Labs complies with latest EU sanctions on Russia.

, has complied with the new restrictive measures adopted by the European Union in response to Russia’s military intervention in Ukraine.by Brussels on Thursday, Oct. 6, after the latest escalation of the conflict with Russia announcing partial mobilization and taking steps to annex four Ukrainian regions through what the bloc sees as fake referendums.

The restrictions apply regardless of the amount of digital assets, tightening the regime in comparison with the fifth round of sanctions imposed earlier this year, when only “high-value” crypto-asset services were banned, those for crypto holdings exceeding €10,000 .“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 Oct.

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