The statement also confirmed the common understanding that loans and credit can be provided by any means, including cryptoassets.
Last week, EU finance ministers and other officials discussed the move via video link, as concern grew that crypto could be used as a backdoor for moving money in and out of Russia.
At the time, many large crypto businesses pledged to honor the sanctions whileThe resistance among crypto exchanges speaks to one underpinning ethos of the crypto space: advocacy for open financial system access.
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