EU releases 20th sanctions package against Russia introducing specific crypto bans

The European Union (EU) has issued its “largest package of sanctions” against Russia in two years, describing the measures as far-reaching and restrictive. They specifically target cryptocurrencies with a blanket ban on providers and platforms established in the country. “Russia is increasingly relying on cryptocurrencies for international transactions,” the EU said in a statement on…

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China blocks Meta from acquiring AI startup Manus

HONG KONG (AP) — China on Monday blocked Meta’s acquisition of artificial intelligence startup Manus, which originated in China but is based in Singapore. China’s top planning agency, the National Development and Reform Commission, said in a brief statement that foreign acquisitions of Manus were prohibited and all parties were asked to withdraw from the…

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