EU limited Russians investments in cryptocurrency to €10 000
These measures are aimed at preventing oligarchs from evading sanctions by using digital assets
09.04.2022 - 08:00
463
1 min
0
.
What’s new? The European Union imposed the fifth package of sanctions against Russia, the new measures will limit Russian residents’ investments in cryptocurrency to €10 000. This was reported in the Official Journal of the European Union, which was published on the evening of April 8. The new rules are designed to prevent Russian oligarchs from bypassing restrictions on investments in the EU by using cryptocurrencies.
Official Journal of the European Union
What preceded it? The fifth package of sanctions was announced by the European Commission on April 8. The restrictions, imposed on February 25, prohibit Russians from transferring more than €100 000 to bank accounts in the EU.
In early March, Europe announced restrictions against Russia which affected the cryptocurrency industry. Earlier, the EU banned anonymous transactions for its citizens. The investments of more than €1000, require one to disclose one’s identity.
Useful material?
Telegram 
Twitter Incidents
The search, the reason for which was not announced, took place a week after the election, the results of which Polymarket users predicted quite accurately
Nov 14, 2024
Market
Analysts point to the growing popularity of the first cryptocurrency as a safe haven asset
Nov 13, 2024
Market
The product will begin trading on the Swiss Exchange on November 19
Nov 12, 2024
Market
The company’s unrealized profits from investing in the first cryptocurrency approached $13 billion
Nov 12, 2024
Market
The company predicts that the rate of the first cryptocurrency will grow to $200 000 by the end of next year
Nov 11, 2024
Technologies
The company also unveiled its own blockchain adoption index
Nov 11, 2024
Cryptocurrency rates
-
Bitcoin
$89 799
BTC
-1.36%
-
Ethereum
$3 082.23
ETH
-2.96%
-
BNB Smart Chain
$579.4
BSC
+1.23%
-
Ripple
$1.05
XRP
-10.2%
-
Dogecoin
$0.358112
DOGE
-3.47%
-
Cardano
$0.721164
ADA
-5.22%
-
Bitcoin Cash
$431.54
BCH
-8.77%
-
Polkadot
$5.45
DOT
-4.39%
-
Litecoin
$86.17
LTC
-9.91%
-
Stellar XLM
$0.192306
XLM
-0.07%