European Central Bank President Christine Lagarde has said that the European Union should move quickly to approve cryptocurrency regulation to prevent Russia from evading sanctions following its invasion of Ukraine.
When asked if Russia could use cryptocurrencies, Lagarde said in a press conference: “There are always ways to try to circumvent the ban, which is why it is so important to push the market regulation of crypto assets (MiCA) as soon as possible, we need There is a regulatory framework.”
In this regard, SBF publicly stated that FTX welcomes the European digital asset regulatory framework. At the same time, FTX is already complying with international sanctions to prevent tax evasion, whether authorized or not, and the SBF also said it is willing to keep in touch with the ECB at any time.