How the EU’s New 12-Month Crypto Task Force Plans to Trace Russia-Linked Wallets

The EU created a crypto task force inside a new sanctions office to trace Russia-linked wallets, with a 12-month mandate and help from Ukraine and the UK. The EU's 21st package allows bans on whole crypto jurisdictions. A7A5, a digital ruble stablecoin, handled over $100 billion in volume, and the US blacklisted exchange MEXC.