In this first August edition of crypto regulatory affairs, we will cover:
- EU adopts new Russia sanctions
- CLARITY Act continues to face challenges
- UK FCA offers insights from Stablecoin Sprint
- South Africa consults on cryptoasset manual
EU adopts new Russia sanctions with focus on third country cryptoasset evasion
The European Union has agreed to new sanctions targeting Russia, including further measures aimed at disrupting Russian sanctions evasion via cryptoasset platforms hosted in third countries.
On July 23, the Council of Europe agreed to adopt its 21st package of sanctions against Russia, part of its ongoing response to Russia’s invasion and continued military hostility in Ukraine. The package, which will take effect from…
