in european commission, European Union (EU), Markets, Russia Crypto, Russia Sanctions, Russian Ukraine

EU Blocks All Russian Access to Crypto Over Ukraine Referendums

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Services surrounding cryptocurrencies have been targeted by the latest round of sanctions on Russian citizens, according to a recent announcement.

The European Commission, the executive body of the European Union, announced that it had agreed on an eighth round of sanctions against Russia due to its ongoing invasion of Ukraine, according to a press release on its website.

All crypto contact with Russia banned

Among the latest addendums, services related to cryptocurrencies have been curtailed, in addition to the tightening of existing prohibitions.

While cryptocurrency transactions

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