United States of America: Adopted Executive Order on Blocking Property related to harmful activities of the Russian Government

On 15 April 2022, the President of the United States adopted an executive order titled "Blocking Property With Respect To Specified Harmful Foreign Activities of the Government of the Russian Federation". The order prohibits deceptive or structured transactions to circumvent United States sanctions, including through the use of digital currencies or assets. The order aims to block the transit of funds to entities controlled by Russian Federation and details how an account can be connected and therefore blocked.