European Union included cryptocurrencies in new sanctions package against Russia
The restrictions have to be approved by the Council of the European Union
09.03.2022 - 15:55
402
1 min
0
What’s new? The European Commission has prepared a new package of sanctions against Russian oligarchs and officials, the restrictions will affect cryptocurrency assets. European politicians have proposed disconnecting three more Belarusian banks from SWIFT and banning sea transportation from the EU to Russia. The new sanctions will complement the measures already in place.
What had happened before? The EU has already excluded seven Russian banks from SWIFT and some exchanges have blocked access to Russian users’ cryptocurrency wallets.
The US Financial Crimes Enforcement Agency has published an appeal regarding sanctions against Russia. The regulator instructed cryptocurrency-related financial institutions to report any activity that may be seen as a way to evade restrictions.
Useful material?
Telegram 
Twitter Market
Due to supply shortages, the asset’s pre-market exchange rate was climbing above $1000
Dec 16, 2024
Incidents
Reports about the hacking of the exchange with calls to withdraw assets began to spread on December 13
Dec 13, 2024
Crypto regulations
Stablecoins from issuer Circle will not be affected by the changes
Dec 12, 2024
Crypto regulations
The platform will launch after meeting the preconditions of the local exchange authority
Dec 9, 2024
Market
The $1,1 billion figure was reached after the bitcoin correction
Dec 6, 2024
Crypto regulations
By early January, all open positions and loans of local users will be closed and repaid automatically
Dec 5, 2024
Cryptocurrency rates
-
Bitcoin
$94 889
BTC
-2.92%
-
Ethereum
$3 255.83
ETH
-3.62%
-
Ripple
$2.19
XRP
-2.73%
-
BNB Smart Chain
$579.4
BSC
+1.23%
-
Dogecoin
$0.309221
DOGE
-4.55%
-
Cardano
$0.871297
ADA
-4.55%
-
Stellar XLM
$0.352706
XLM
-1.76%
-
Polkadot
$6.78
DOT
-3.57%
-
Bitcoin Cash
$439.61
BCH
-3.96%
-
Litecoin
$98.86
LTC
-3.04%