Crypto

EU ban on crypto services for Russians

Bloomberg learned about the EU plans to close access to crypto services for Russians.

The new EU sanctions will ban European companies from providing crypto wallets, accounts, or crypto storage services to Russian citizens or organizations registered in the country, Bloomberg writes, citing sources.

Binance, the largest crypto exchange in terms of trading volume, has not yet introduced any additional restrictions for Russians, RBC writes, citing a representative of the trading platform. He emphasized that the crypto exchange continues to operate as usual and recommended that users follow only official announcements.

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