Russian banking association warns crypto volume will complicate EU sanctions enforcement
- —Chainalysis: Russia-linked users received $376.3 billion in crypto over a year
- —Transfers above $10 million rose 86% year over year
- —The EU in April banned operations with several Russian crypto platforms
- —In July the EU extended restrictions to 14 more foreign platforms
Why it matters: Broader risk tagging could flag more wallets and transactions, raising compliance burdens for exchanges and custodians.
Source: Happycoin.club