New EU sanctions to further restrict European crypto services for Russians, report reveals.
Latest EU Sanctions to Restrict Russians’ Access to Crypto Services in Europe, Report Unveils
The package will hit trade in the first place, with European Commission President Ursula von der Leyen announcing intentions to impose a new ban on Russian imports as well as the export of technologies that could be employed by the Russian military. A price cap for Russian oil is planned, too. Jewelry and precious stones are also on the list, the person added, asking not to be identified as the proposal is still confidential. It also suggests cracking down on people who try to circumvent the sanctions, aims to ban EU nationals from holding high-paying roles in Russian state-owned companies, and to punish individuals and entities involved in staging the recent referendums in Ukraine.