Bitcoin has had a positive week so far, trading above $41,000.
Bitcoin remains down more than 9% for the month and off more than 10% year-to-date.
The U.S. imposed new sanctions on Wednesday against more than 40 individuals and entities accused of evading the ongoing wave of penalties imposed on Russia in response to theThe Treasury Department’s sanctions arm designated the commercial bank Transkapitalbank, which has operations in China and the Middle East.Transkapitalbank is a Russian privately owned commercial bank which the U.S.
Treasury also targeted people and companies led by U.S.-designated Russian oligarch Konstantin Malofeyev — the founder of a Russian Orthodox news channel, Tsargrad TV.Digital currency firm Bitriver AG and 10 of its subsidiaries were included in Wednesday's package of sanctions from Treasury’s Office of Foreign Assets Control.
"The United States is committed to ensuring that no asset, no matter how complex, becomes a mechanism for the Putin regime to offset the impact of sanctions," Treasury said in a statement.
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