EU Bans Crypto Services for Russians in New Sanctions Over Ukraine Escalation

Bitcoin.com | Oct 7, 2022 at 1:30 PM
  • An array of crypto-related services have been targeted in the latest round of sanctions on Russia approved by the EU.
  • The new measures include a full ban on the provision of wallet, account, or custody services for crypto assets to Russian persons and residents.
  • This spring, when the EU approved its fifth round of such measures, the Council prohibited only the provision of “high-value” crypto-asset services to Russians and organizations registered in their country.