EU sanctions Russian crypto usage for 20th time adding bans on digital rubles and anyone using Russian crypto services
The EU imposed its 20th sanctions package targeting Russian cryptocurrency activity, banning digital ruble usage and penalizing anyone transacting with Russian crypto services. This escalation aims to disrupt Moscow's financial circumvention efforts amid geopolitical tensions. The move impacts crypto exchanges serving Russian clients and tightens regulatory compliance globally, affecting Indian investors trading on platforms with Russian exposure.
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