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See also another post, found here on SN, which shared the Press Release from the EU:

EU bans providing crypto wallets, accts, & custody svcs to Russian govt & people
#78044
https://ec.europa.eu/commission/presscorner/detail/en/ip_22_5989

and also see another post, found here on SN, with an article on this from Coindesk:

EU’s Russian Crypto Ban Confirmed as Bloc Tightens Sanctions
#78052
https://www.coindesk.com/policy/2022/10/06/eus-russian-crypto-ban-confirmed-as-bloc-tightens-sanctions

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Exchanges are starting to take action:

LocalBitcoins P2P platform terminates service for Russia after new EU sanctions
#79408
https://twitter.com/SmithSthainnoc/status/1578919520768442368 [Nitter]

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Does anybody have a good understanding of what this ban really is? I am failing to find any good information on the subject right now

Are russians banned from using EU-based crypto exchanges (and services), are Europeans banned from using RU crypto exchanges (and services)?

Do the policymakers themselves understand?

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