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WH | Joint Statement by the G7 Announcing Further Economic Costs on Russia U.S. DEPARTMENT OF THE TREASURY
OFAC is also issuing guidance, in line with today's G7 leaders statement, to guard against potential attempts to use virtual currency to evade U.S. sanctions imposed on Russia. All of these actions complement a new Executive Order issued today by President Biden that imposes new import and export restrictions on Russia, including the export of U.S. banknotes to Russia.
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