Ireland to ban election crypto donations amid Russian meddling fears
Any new measures are intended to block foreign meddling in Ireland’s political funding and will be guided by a soon-to-be-established Electoral Commission.
Any new measures are intended to block foreign meddling in Ireland’s political funding and will be guided by a soon-to-be-established Electoral Commission.
A new EU proposal, put forward last week, would target Russian nationals with more than €10,000 in their accounts — but unhosted wallets are exempt from sanctions.
Russian crypto sanction evasion is not significant, Secretary Yellen said, but a new bill could force exchanges to block Russian-based users.
Sanctions targeting Russia have boosted Japan Prime Minister Kishida’s popularity, but polling shows citizens want tougher action on Putin.
World powers paying Russia for its oil and gas with Bitcoin is unlikely. Still, it’s wild to see the cryptocurrency namedropped like this.