The EU has passed the 20th round of sanctions against Russia, fully banning cryptocurrency platforms within Russian territory for the first time
By: rootdata|2026/04/27 19:42:01
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According to the official website of the Council of the European Union, the EU officially passed the 20th round of sanctions against Russia in 2026, which is also the largest sanction package in two years, adding 120 individuals and entities to the list, and applying comprehensive pressure from multiple dimensions including energy, finance, military industry, and trade.
In the field of cryptocurrency, given Russia's increasing reliance on cryptocurrency for international settlements under financial sanctions, the EU has implemented a comprehensive industry ban on cryptocurrency asset transfers and trading platforms within Russia. Additionally, it has sanctioned a platform in Kyrgyzstan that supports the government-backed stablecoin A7A5 and prohibited transactions related to the cryptocurrency RUBx as well as all support from the EU for the development of the digital ruble.
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