EU Issues Bitcoin, Crypto Ban On Russia With New Sanctions

[Google News Bot]

Previously-limited transactions between Russian bitcoin wallets and EU service providers are now completely banned.The European Union (EU) doubled down on previous sanctions against Russia which limited bitcoin and cryptocurrency transactions resulting in an outright ban against all transactions, per a statement from the European Commission. “The Commission welcomes the Council's adoption of an eighth package of hard-hitting sanctions against Russia for its aggression against Ukraine,” reads the statement. All bitcoin and cryptocurrency wallets, accounts and custody services ...

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