EU Unveils 21st Russia Sanctions Package, Targets 11 Crypto Platforms
The European Commission has proposed its 21st sanctions package against Russia, including measures against nearly 90 banks and a first-time targeting of 11 crypto platforms accused of helping circumvent sanctions.
The European Commission has presented its 21st package of sanctions against Russia, focusing on financial services, crypto assets, trade, and energy.
The financial measures include freezing assets of nearly 90 banks and prohibiting transactions for over 30 credit institutions in Russia and third countries.
Special attention is given to the crypto sector. For the first time, 11 crypto platforms are proposed to be subject to restrictions, as the EU believes they facilitate the evasion of sanctions.
Source: ForkLog