Latest EU Sanctions Expected to Stimulate Russia’s Own Crypto Market, Exchanges Maintain Services – Regulation Bitcoin News

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Russians can bypass EU restrictions on crypto services, Russian lawmaker insists.

Latest EU Sanctions Expected to Stimulate Russia’s Own Crypto Market, Exchanges Maintain Services

The opinion was expressed by Anatoly Aksakov, head of the Financial Market Committee at the State Duma, the lower house of Russian parliament. He has been deeply involved in recent efforts to regulate the country’s crypto space, including the use of digital currencies in The latest round of EU sanctions tightens previously imposed restrictions. Earlier this year, as part of itsof measures approved a little over a month after Russia launched its invasion of Ukraine, the 27-strong bloc limited only “high-value” crypto-asset services for Russians and Russian-registered organizations — those for digital holdings exceeding €10,000 in fiat value .“Similar decisions have already been made before.

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And I should adk, is EU paying them(exchanger) to demand that they should shutdown their services against Russia 🪆?

EU is doing something which is not practical

The raison d'etre of Bitcoin is to allow its holders to circumvent the financial tyranny of the fiat currency/debt-based nation states.

I don't know how they imagined it at all?

EU should understand that real crypto can't be banned

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Probably nothing

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Why you not talking aboout this!. .

Why is everybodyy silent on thiss? .

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