EU bans Russians from its crypto market ...News

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

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