The European Union has confirmed that it will impose a blanket ban on the provision of encrypted services to Russians

According to BlockBeats, on October 6, the European Union has confirmed that it will completely ban the provision of crypto services to Russians. The European Commission said in a statement that the existing ban on crypto assets has been strengthened by banning all crypto asset wallets, accounts or custodian services. This could mean that Russians would not be able to hold any assets in EU crypto wallets. It was previously reported that the EU will tighten restrictions on crypto investments by Russians within the bloc in response to a referendum in Russian-occupied regions of Ukraine.