The European Union may tighten restrictions on cryptocurrency transactions for Russians as part of the next package of sanctions, CoinDesk writes, citing sources

Such measures are planned to be taken as a reaction to the referendums on the annexation of the ONR, the DPR and the territories of the Zaporozhye and Kherson regions of Ukraine occupied by the Russian authorities.

In April, the EU imposed a ban on transactions with crypto wallets in excess of € 10,000 for Russian citizens.

According to the source of the publication, the previous restriction will be canceled. If the new alleged sanctions come into force, the Russians probably will not be able to store any assets in the European Union’s crypto wallets, the source added.

The expanded package of restrictions of the European Union and the United States may also affect the Mir payment system and key structures of the Moscow Exchange.