Switzerland will freeze crypto assets of Russians from the sanctions list
The country joins the restrictive measures previously imposed by the EU and the United States
07.03.2022 - 14:55
391
1 min
0
What’s new? The Swiss authorities plan to freeze the cryptocurrency assets of Russian citizens who have been put on the EU sanctions list, the Financial Times reports. It is known that a decision has already been taken and put into effect for 223 citizens.
News on the Financial Times website
What is known about the restrictions? If the relevant decision is made by the authorities, Switzerland will freeze those assets of Russians that are located in its jurisdiction. These include various custodial services, wallets, exchanges, and funds under management.
According to Guy Parmelin, a member of the Swiss Federal Council, the freezing of cryptocurrency assets is necessary “to protect the integrity” of the entire digital industry. Earlier, the Coinbase exchange also reported blocking more than 25 000 accounts from Russia.
Useful material?
Telegram 
Twitter Crypto regulations
Under the new law, no cryptocurrency reserve can be created at the state level
Jun 11, 2025
Mining
This is the 300th block mined within this pool
Jun 5, 2025
Incidents
The marketplace started operating in 2022 and allowed trading in stolen personal data
Jun 5, 2025
Incidents
Hackers laundered assets using Tornado Cash, Thorchain, and Wasabi mixers
Jun 2, 2025
Market
After June 30, fines and prison sentences will be imposed for violating the rules
Jun 2, 2025
Crypto regulations
He also stated the country’s aspiration to become a Eurasian IT hub
May 29, 2025
Cryptocurrency rates
-
Bitcoin
$104 795
BTC
-2.19%
-
Ethereum
$2 519.59
ETH
-2.32%
-
Ripple
$2.16
XRP
-3.92%
-
BNB Smart Chain
$579.4
BSC
+1.23%
-
Dogecoin
$0.170329
DOGE
-2.22%
-
Cardano
$0.611897
ADA
-3.52%
-
Bitcoin Cash
$473.71
BCH
+0.36%
-
Stellar XLM
$0.252122
XLM
-3.76%
-
Litecoin
$85.02
LTC
-2.2%
-
Polkadot
$3.74
DOT
-3.22%