- The new crypto sanctions imposed by the European Union are likely to spur the development of the country’s digital asset market.
- According to a high-ranking member of the Russian parliament quoted by the Tass news agency, the EU decision may actually stimulate the development of Russia’s digital financial asset (DFA) market.
- The opinion was expressed by Anatoly Aksakov, head of the Financial Market Committee at the State Duma, the lower house of Russian parliament.
Latest EU Sanctions Expected to Stimulate Russia’s Own Crypto Market, Exchanges Maintain Services

