White House reiterates that the Treasury is on the lookout for crypto in Russian sanctions evasion

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White House reiterates that the Treasury is on the lookout for crypto in Russian sanctions evasion
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These continuous alerts, despite no clear examples of violations thus far, mean that crypto operators should be wary.

on sanctions on Russia, the White House is once again spotlighting crypto as an area of concern.

The fact sheet spotlights coming"New guidance by the Department of Treasury to Thwart Sanctions Evasion, including through Virtual Currency." "Treasury is closely monitoring any efforts to circumvent or violate Russia-related sanctions, including through the use of virtual currency," the announcement reads. It is but the latest in a series of warning shots against crypto's potential use.

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