EU MPs Publicly Support the Latest Resolution on Crypto Taxation

Sanctions on cryptocurrency transfers from Russian accounts, wallets, or comparable storing services to European ones have been tightened by the European Union. Since Russia’s takeover of Ukraine on February 24, 2022, the EU has imposed eight rounds of sanctions against it. In the eighth round, the ceiling of €10,000 was changed to a ban regardless of the value of the wallet of the user. In an effort to stop Russia’s

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