EU plans to tighten restrictions on crypto investments for Russians

The EU plans to tighten restrictions on crypto-investments for Russian citizens, in response to the "referenda" held by Russia in the Ukrainian territories, Report informs, citing Coindesk.

This issue is to be agreed with the EU member countries.

The previous limit of €10,000 on crypto assets for Russians will be lifted, which could mean they will not be able to hold any assets in EU crypto wallets.

Earlier, the largest cryptocurrency exchange Binance restricted access to services to Russians and users who live in Russia and have assets worth more than 10,000 euros.