EU Parliament approves new sanctions regulations applicable to cryptocurrencies

The European Parliament approved a set of new sanctions regulations applicable to cryptocurrencies. The new rules are designed to ensure a uniform application of sanctions rules across the 27 EU member states. They set out a consistent definition of sanctions violations, including not freezing funds and not complying with travel bans. or arms embargoes, transfers of funds to sanctioned persons, or transactions with state-owned entities in sanctioned countries. (CoinDesk)