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EU Bans Russians From Crypto Market

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New sanctions forbid all payments to European wallet providers

The EU has imposed a sweeping ban on providing crypto services to Russians as part of its eighth round of sanctions that were approved on Thursday. The new measure steps up restrictions that had been in place since April.

“The existing prohibitions on crypto assets have been tightened by banning all crypto-asset wallets, accounts, or custody services, irrespective of the amount of the wallet (previously up to €10,000 [$9,900] was allowed),” reads a press release published on the European Commission’s website.

After Visa and Mastercard left the Russian market earlier this year and some banks were disconnected from SWIFT, cryptocurrencies, in particular stablecoin USDT, became one of the most popular ways for Russians to move money abroad.

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EU approves new anti-Russia sanctions

Crypto service operators headquartered in the EU may have to stop processing transactions with Russians, unless the clients are resident in the bloc, Forbes Russia wrote on Thursday.

Non-EU platforms may follow suit, Forbes Russia warned. After the bloc introduced a limit of €10,000 in April, US-registered Binance, one of the most popular exchanges among Russians, adopted the same measure.

For more stories on economy & finance visit RT’s business section

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Montessori Schools Surge in Popularity as Parents Seek Personalized Education

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The education a child receives or doesn’t receive can have a big impact on whether or not they embrace their spiritual gifts. Montessori schools are educational spaces, that value individual growth and hands-on learning over traditional learning models. They are inspired by Doctor Maria Montessori’s vision, more than a century ago, focusing on a student-led learning approach.

Key features include mixed-age classrooms that promote learning from peers and the freedom for children to pick activities that interest them. Teachers act more as guides than lecturers, promoting a self-directed learning environment. Children learn independence, gain confidence, and nurture their curiosity, making them eager learners rather than passive listeners.

Montessori education doesn’t just focus on academics. It equally prioritizes social and emotional skills development, aiming to nurture empathetic, emotionally intelligent individuals capable of deep interpersonal relationships. The increased popularity of Montessori schools worldwide reflects a growing interest in more personalized educational models.

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Container Ship Dali Crashes into Baltimore’s Francis Scott Key Bridge, Causing Major Collapse, Many Missing

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Early on Tuesday, Baltimore’s Francis Scott Key bridge collapsed when the container ship Dali crashed into one of its pylons. The accident occurred around 1:27 am after the Dali experienced a total power failure and struck the bridge. The incident resulted in the bridge crumbling, sending vehicles and a construction crew into the waters below.

While two of the eight workers have been rescued one critically injured and one unharmed six remain missing. The Dali’s crew, totaling 22 members, reported no injuries. The Maryland governor highlighted the absence of structural issues with the bridge and dismissed any speculation of terrorism. authorities are now focusing on the search and rescue operation for the missing individuals and investigating the bridge’s collapse to ensure such a tragedy doesn’t reoccur.

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Israel’s Military Conscription Plan for Ultraorthodox Jews Sparks National Debate and Division

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In Israel, a controversial proposal to enforce military conscription in the Haredi community is stirring significant unrest and division. The current exemption policy is allowing tens of thousands of ultraorthodox Jews to avoid military service to study religious texts. Critics argue this system is unfair, as it places additional burdens on other citizens.

The proposal has sparked widespread debate, with Haredi leaders threatening mass emigration if forced into military service. Despite some ultraorthodox individuals voluntarily joining the military, opposition remains strong within their community, fearing it compromises their religious obligations. Government officials express concerns over the proposal’s potential to fuel division and undermine military and societal cohesion.

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