The EU brings down the banhammer on Russian crypto users
How sanctions shut Russians out of Europe’s crypto exchanges
At the end of October, Russia’s crypto community was reminded that the European Union intends to crack down on sanctions evasion via digital currencies. As so often, the restrictions hit ordinary users first.
After the EU’s 19th sanctions package, platforms such as Revolut and Bybit EU began cutting off customers from Russia. We examine how strict and unambiguous the document’s wording is, and how the current world order is bearing…
