The European Union has adopted its 20th sanctions package against Russia — described as one of the largest in two years — introducing sweeping crypto-sector restrictions for the first time. The measures include a full ban on transactions with Russian crypto service providers and platforms, marking a significant escalation beyond previous financial measures.
The package explicitly prohibits the use and support of the digital rouble and the RUBx stablecoin, targeting Russia's emerging state-backed digital currency infrastructure. Twenty Russian banks and additional entities face new transaction bans, tightening the broader financial cordon around the Russian economy.
The crypto provisions signal that the EU now views digital assets as a meaningful sanctions-evasion vector — and is willing to act on it with hard prohibitions rather than guidance alone.
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