Crypto

Russians Still Able To Use Crypto Exchanges Despite Recent EU Sanctions

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The post Russians Still Able To Use Crypto Exchanges Despite Recent EU Sanctions appeared first on Coinpedia Fintech News

According to Russian crypto media, a variety of crypto exchanges, including global platforms, have not imposed any limitations on Russian users following the EU’s most recent sanctions round. The latest European sanctions target a variety of crypto-related services in an effort to put pressure on Russia as the situation in Ukraine escalates.

Last week, the European Union passed a wide range of sanctions with the intention of putting further pressure on Russia’s government, economy, and commerce. The ninth set of EU sanctions, among other things, prohibited the supply of any cryptocurrency wallet, account, or custody services to Russian people and businesses.

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