Until now, crypto companies in the EU were prohibited from providing cryptocurrency custody to Russian users having more than €10,000 worth of assets in their accounts. The boosted package does away with that threshold, and the ban now covers all accounts Russian citizen keep crypto in, regardless of the size.
Does the SAB 121 Vote Mean Anything for Future Crypto Legislation?
Unfortunately however, the legislative measure is now heading to the desk of President Joseph Biden, who has vowed to veto...