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Switzerland says it will freeze Russian crypto assets: Report

2022/03/05 00:12

According to a report Friday from the Financial Times, the Swiss federal government plans to freeze crypto assets owned by Russian citizens and businesses held within Switzerland's borders. Swiss Finance Minister Guy Parmelin says 223 Russians, including close associates of President Vladimir Putin, have had their bank accounts and physical assets frozen by Switzerland in the past week. The cryptocurrency prohibitions are an additional penalty beyond EU sanctions.
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