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Reuters
Reuters
Business

EU to make sure Russia cannot circumvent sanctions with crypto assets -Le Maire

European Union Russia Le Maire Bruno Le Maire
FILE PHOTO: French Economy and Finance Minister Bruno Le Maire arrives to attend a meeting with the French Prime Minister and French presidential candidates to discuss Ukraine crisis at the Hotel Matignon in Paris, France, February 28, 2022. REUTERS/Johanna Geron

The European Union is seeking to make sure that crypto currencies are not used to circumvent sanctions imposed by the bloc against Russia, French Finance Minister Bruno le Maire said on Wednesday.

The 27-nation bloc has imposed three packages of sanctions on Moscow over its aggression on Ukraine, including freezing Russian central bank assets and disconnecting seven Russian banks from the SWIFT financial-messaging system.

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