Sanctions on Russia and Belarus will include crypto — European Commission

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EU sanctions call to the next level. Crypto officially appears on the sanctions menu after the president of the European Commission, Ursula von der Leyen, confirmed they’ll be tackling digital asset transactions related to Russia.

The European Commission has clarified that crypto assets will fall under additional sanctions targeted against Russia and Belarus in response to the military conflict in Ukraine.member states had agreed to amend regulations with the goal of ensuring “even more effectively that Russian sanctions cannot be circumvented, including through Belarus.

We are further tightening the net of sanctions responding to Russia’s military aggression against Ukraine•Export of maritime navigation technology to Russia

 

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Some crypto exchanges have already begun to block the accounts of Russian users. And Tether hasn't blocked yet, probably because there hasn't been any official request.

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