WirePolicy
EU Extends Russian Ownership Ban to All Crypto-Service Firms
Crossed the Wire · 13:41 UTC · at block 964,144Source published · 00:00 UTC
An EU amendment that took effect Aug. 25 extends a prohibition on Russian nationals and people residing in Russia owning, controlling or holding governance posts in EU crypto firms beyond wallet, account and custody providers to every crypto-asset service defined by MiCA. The change concerns ownership and management of EU providers, not a new retail-access rule; separate EU provisions already restrict providing crypto-asset services to Russian nationals and residents.
Primary record: eur-lex.europa.eu