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The US Treasury Department imposed sanctions on a Russian cryptocurrency exchange market on Tuesday, Reuters reports. Sanctions to shut down Russia-based Hydra computer servers send a message to criminals that you can not hide in the dark network in Russia or anywhere else in the world. “, Said the US Secretary of the Treasury, Janet Yellen.
Since its appearance in 2015, Hydra – has been a haven for illegal trade, according to US researchers and officials. Over $ 5 billion in bitcoin transactions have been conducted on Hydra, according to Elliptic, a cryptocurrency-tracking firm.
Meanwhile, on Wednesday, the US and the EU are expected to impose a new round of sanctions on Russia. The U.S. package will include a ban on all new investment in Russia, an increase in curbing financial institutions and state-owned enterprises in Russia, and targeting Russian government officials and their families.
As European Commission President Ursula von der Leyen said a day before the EU members’ meeting, the measures include a total ban on coal imports, meaning a loss of 4 billion euros a year for Russia, a complete ban on transactions. for the 4 largest Russian banks, banning the access of Russian ships to the ports of EU countries, banning the export of beverages, wood and additional measures that include banning financial support for Russian public bodies.
However, for this plan to be implemented, all 27 EU member states must give the green light on Wednesday. The mobilization of the EU and the US to increase sanctions against Russia comes after the shocking images of hundreds of civilians killed in the city of Bucha. Meanwhile, Leyen himself and the bloc’s foreign minister Joseph Borrel will travel to Kiev this week. US President and West have vowed that Moscow will be punished for the massacre of the innocent
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