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Switzerland decides to adopt new EU sanctions on Russia

Apr, 13, 2023 Hi-network.com

Switzerland has decided to follow the latest trade and financial sanctions imposed by the European Union on Russia.

As previously reported, the EU's fifth package of sanctions against Russia targeted crypto wallets, banks, currencies, and trusts. New financial measures include a ban on 'providing high-value crypto-asset services to Russia' with the goal of closing potential loopholes that could allow Russians to move money abroad.

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