The European Union for the sake of tougher sanctions equated cryptocurrencies to securities
The European Union has officially announced that the sanctions imposed on the Russian Federation and the Republic of Belarus apply to cryptocurrencies. The EU leadership explains that cryptocurrencies are included in the category of “transferable securities”, therefore, they are clearly subject to sanctions imposed on Russia and Belarus. “Loans and credits can be provided by any means, including crypto-assets,” the EU said in a statement. The EU also announced an expansion of existing financial restrictions…
