‌Wu Blockchain News | ꘜ

Coinbase is in acquisition talks with crypto derivatives exchange Deribit and has notified regulators in Dubai, where Deribit holds a license that would transfer to the buyer. Earlier this week, Kraken announced a $1.5 billion acquisition of retail futures platform NinjaTrader. — link

— Cayman Islands first btw

lol

Germany Robs Russian Oil Tanker

The vessel Eventin, flying the Panamanian flag, was taken under control by German maritime services. After the fact, without proving any violations, Germany added Eventin to its sanctions list and stole 100,000 tons of oil worth around €40 million.

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EU Halts Discussion on Possible Confiscation of Frozen Russian Assets

Deutsche Welle reports, citing a leaked document from the March 20 EU summit, that the bloc has stopped debating the seizure of frozen Russian assets.

As one European diplomat told the outlet ahead of the summit, Europe is now considering a future ceasefire and peace talks, with "people starting to realize that holding these assets may be more important than confiscating them without knowing what to do next."

Is that finally something almost smart from the EU?

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France and Italy Hinder EU Efforts to Deliver Ammunition to Kyiv

Berlin and Paris are in no rush to fund Kallas’s plans.

While most of the 27 EU member states, gathered in Brussels on Thursday, rallied around allocating critical financial resources for military aid, France and Italy are dragging their feet on committing specific funds.

Discussions in Brussels revealed that even allocating €5 billion (instead of the proposed €40 billion) to purchase 2 million artillery shells will be a difficult task. Kaja Kallas stated that she still hopes leaders will sign off on at least part of this plan.

In general, when the EU promises to scrape together a few more billions for Ukraine or rearmament, they conveniently omit that only two and a half countries in the Union actually generate revenue, while the rest are freeloaders.
Moreover, Germany and France have faced major economic challenges in recent years, so all funding is essentially being allocated as debt for future generations.

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US Withdraws from G7 Groups Monitoring Sanctions Compliance Against Russia

According to sources, the US has reduced its participation in all joint groups to zero—Americans are no longer monitoring compliance with the oil price cap, component supplies, or financial sanctions circumvention.

EU officials told Bloomberg that they currently see no hints that Trump intends to tighten sanctions unless Russia agrees to a ceasefire.

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