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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