The EU plans to impose sanctions on 11 cryptocurrency platforms cooperating with Russia
According to Bits.media, EU High Representative for Foreign Affairs and Security Policy Kaja Kallas stated that the EU plans to restrict 11 cryptocurrency platforms in the 21st round of sanctions, claiming that these platforms assist Russian authorities and businesses in evading international sanctions. The new measures will also tighten the ban on providing cryptocurrency-related services to third countries, expand the sanctions list, and prohibit transactions with these 11 cryptocurrency platforms, although the names of the platforms have not been disclosed.
European Commission President Ursula von der Leyen stated that the new sanctions aim to increase pressure on the structures that help Russia maintain international financial channels. In addition, the new sanctions will involve about 90 Russian banks, of which 31 may face a complete trading ban. The EU has already imposed sanctions on cryptocurrency transfer and exchange service providers registered in Russia in the 20th round of sanctions, which took effect on May 24.
You may also like
BIS Report Compliance Observation: The Real Risks of Stablecoins, Not Just "Depegging"
When American giants collectively "defect" from Chinese AI models
A pre-announced harvesting case: After the cryptocurrency price dropped by 99%, the public chain Saga exited to transform into AI
Ethereum Foundation Report: A Basic Guide to Ethereum for Governments and Financial Institutions
Portugal 2-1 Croatia: Ronaldo's 20-Year Knockout-Stage Drought Ends With a Debt Finally Collected
Portugal beat Croatia 2-1 in the 2026 global football championship's knockout rounds as Ronaldo scored his first-ever knockout-stage goal, Gonçalo Ramos struck a stoppage-time winner, and VAR ruled out a late equalizer for offside.
Bitcoin Price Prediction July 2026: Will BTC Recover to $70K or Drop Below $55K?
A South Korean company that learned the strategy of hoarding coins, from a bull market to delisting?
Where is Zhao Changpeng's billion-dollar investment going? YZi Labs' investment landscape fully revealed
Semiconductor stocks plummet, yet Anthropic wants to create a 2nm chip
WEEX API Broker Program: Turn Your Trading Platform Into a Revenue Engine
How to choose between buying discounted ETH, Bitmine, and SharpLink?
Do you want to buy CRCL?
Wosh: Inflation has cooled in recent weeks, AI is reshaping the economy, and forward guidance has lost its necessity
The most secretive AI winner
Looking at Stripe's ambitions and the future of stablecoins from OUSD
From Pump.fun to Collector Crypt: Has Solana's income throne changed hands?
Dan Bin's latest speech: Don't miss out on a great era
Robinhood launches its own blockchain, no longer wanting to be a tenant on others' chains
BIS Report Compliance Observation: The Real Risks of Stablecoins, Not Just "Depegging"
When American giants collectively "defect" from Chinese AI models
A pre-announced harvesting case: After the cryptocurrency price dropped by 99%, the public chain Saga exited to transform into AI
Ethereum Foundation Report: A Basic Guide to Ethereum for Governments and Financial Institutions
Portugal 2-1 Croatia: Ronaldo's 20-Year Knockout-Stage Drought Ends With a Debt Finally Collected
Portugal beat Croatia 2-1 in the 2026 global football championship's knockout rounds as Ronaldo scored his first-ever knockout-stage goal, Gonçalo Ramos struck a stoppage-time winner, and VAR ruled out a late equalizer for offside.



