Today, the European Union announced new sanctions against the Russian Federation. This is already the 8th list of restrictive measures. Among the new bans, Russians are prohibited from owning cryptowallets in the eurozone. Also, you cannot create accounts and store digital assets, regardless of the amount of the deposit.

In addition to these crypto restrictions, it will be prohibited to provide maritime transportation and provide technical assistance to areas, related to maritime transportation to third countries. Also, work with Russian companies in the field of IT and architecture is invalid, too.

The document has noted a ban on the export of coal, chemicals and elements for aviation to the Russian Federation. Imports from the Russian Federation of steel, wood, cosmetics, jewelry and precious metals are limited.

EU citizens can no longer hold positions in Russian companies.

The sanctions are valid on the entire territory of our country, as well as to the territories of the Zaporozhye and Kherson regions, not controlled by Ukraine. For those who will try to circumvent it, penalties are provided.

The European Commission has calculated that this set of restrictions will hit our economy and reduce revenue by €7 billion.

It is known that in April, sanctions were already introduced in the crypto-currency sphere. The Russians must not have amounts of more than €10,000 on European crypto-accounts and crypto-wallets.