EU agrees to expand sanctions on Russia, targeting crypto platforms in 21st package
Crypto Briefing 2026-07-23 10:17:29
Context: The European Union has agreed to expand its sanctions on Russia, specifically targeting crypto platforms that allegedly aid in sanctions evasion. This move is part of the EU's 21st sanctions package, aimed at increasing pressure on Russia. The sanctions expansion comes as part of a broader effort to enforce restrictions and bans that currently cover over 100 entities.
Key Facts
- The EU's 21st sanctions package specifically targets 11 unnamed crypto platforms that are allegedly aiding Russian sanctions evasion.
- The new sanctions expand the existing bans to over 100 entities, indicating a significant increase in the scope of restrictions against Russia.
- The targeted crypto platforms are accused of facilitating sanctions evasion, though their specific identities have not been disclosed.