• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M
A new package of sanctions against the Russian Federation and "cryptocurrency" restrictions

A new package of sanctions against the Russian Federation and "cryptocurrency" restrictions

user avatar

by dapp_writer005

4 years ago


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.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other articles

What Is Clash: Heroes of Ferralia? Exploring the Web3 Game, PvP Mechanics, and Digital Asset Ecosystem

chest

Discover how Clash: Heroes of Ferralia works, explore its PvP gameplay, NFT integration, Unreal Engine 5 technology, and the role of Web3 in the game's digital ecosystem.

user avatarElena Ryabokon

Warriors of Nova Thera Review – Gameplay, MON Token, NFTs, and the Pixelmon Web3 Ecosystem

chest

Discover Warriors of Nova Thera, the blockchain roguelite game set in the Pixelmon universe. Learn about its gameplay, MON token, NFT integration, Web3 features, and future development.

user avatarElena Ryabokon

Restaking Explained: Benefits, Risks, How It Works, and How to Earn with Restaking

chest

Learn what restaking is, how it works, how it differs from traditional staking, its benefits and risks, and how investors can earn additional rewards in the crypto ecosystem.

user avatarElena Ryabokon

Pixelmon TCG Review: Gameplay, Blockchain Features, MON Token and Web3 Ecosystem Explained

chest

Discover how Pixelmon TCG works, including its gameplay mechanics, blockchain integration, MON Protocol, digital ownership, key features, potential risks, and future outlook.

user avatarElena Ryabokon

Project II Review: Everything You Need to Know About the Blockchain Game and Its Web3 Economy

chest

Explore the Project II blockchain game, including its gameplay, NFT integration, token economy, Web3 ecosystem, and future development within the Sunflower Land universe.

user avatarElena Ryabokon

Top Public Companies with Bitcoin Holdings: Corporate BTC Treasuries, Strategies, and Market Impact

chest

Discover which public companies hold the largest Bitcoin reserves, why they invest in BTC, and how corporate Bitcoin treasuries are shaping the digital asset market.

user avatarElena Ryabokon

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.