EU confirms a ban on providing crypto services to Russians
Join Our Telegram channel to stay up to date on breaking news coverage The EU has been discussing the next step to take in order to address the Russian invasion of Ukraine, with the primary idea being to ban Russians from accessing European crypto exchanges. With all previous sanctions, including the ban on sending money into the country or taking it out, many in Russia had to turn to digital currencies . Now, however, the European Union confirmed that it would expand the financial ban to include crypto services as well. The EU decides to ban Russia from accessing EU-based crypto services The new move comes in the wake of secession votes in as many as four Ukrainian regions, which the European Union declared to be nothing short of a “sham.” The bloc’s new move is to introduce the eighth set of political and economic measures against the invading country, which started getting implemented in February of this year after Russians made their move against Ukraine. ...