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The world has synchronized on Russian crypto sanctions -Breaking

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The world has synchronized on Russian crypto sanctions

In her month-to-month Skilled Take column, Selva Ozelli, a global tax lawyer and CPA, covers the intersection between rising applied sciences and sustainability, and supplies the most recent developments round taxes, AML/CFT rules and authorized points affecting crypto and blockchain.

In response to the United Nations Excessive Commissioner for Refugees, also referred to as the UN Refugee Company, almost 4 million Ukrainians have fled their properties since bombs started falling and bullets began flying on Feb. 24, with most heading to neighboring Central European international locations. On the identical time, folks around the globe have despatched over $100 million in crypto donations to help Ukraine, in response to Alex Bornyakov, deputy minister of digital transformation. This necessitated Ukrainian President Volodymyr Zelenskyy to signal a invoice legalizing crypto on March 16.

Selva Ozelli, Esq., CPA, is a global tax lawyer and licensed public accountant who continuously writes about tax, authorized and accounting points for Tax Notes, Bloomberg BNA, different publications and the OECD.