Ukraine has introduced a new sanctions package against the RF, including due to cryptocurrency transactions

Ukraine has introduced a new sanctions package against the RF, including due to cryptocurrency transactions

President Volodymyr Zelenskyy announced in his evening address the introduction of a new package of sanctions against Russia aimed at blocking financial schemes, particularly involving cryptocurrencies.

«Just signed a new sanctions package – these are special sanctions that hit many Russian financial schemes, including cryptocurrency ones», – noted the head of state. According to him, the restrictions were introduced at the submission of the National Bank of Ukraine.

The President emphasized that through just one of the companies that fell under the sanctions, Russians have conducted several billion dollars since the beginning of the year – mostly for the needs of Russia’s military-industrial complex.

«Obviously, we will be stopping these schemes. Now, when traditional financial channels for Russia are blocked, they are turning, in particular, to cryptocurrency», – explained Zelenskyy.

The sanctions list includes 60 legal entities and 73 individuals – all are citizens of Russia. Ukraine also seeks to synchronize these sanctions with the restrictions of the European Union and other partner jurisdictions.

«Next week, we are preparing new decisions regarding the synchronization of EU sanctions – all European packages must be implemented into Ukrainian legislation», – concluded the president.