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EU Sanctions Russia Crypto for the First Time — 11 Platforms Hit

The Cryptonomist·July 22, 2026·1 min read
EU Sanctions Russia Crypto for the First Time — 11 Platforms Hit

The EU's 21st sanctions package against Russia, negotiated on July 22, targets 11 crypto platforms for the first time. The sanctions also hit nearly 90 Russian banks. This marks a significant escalation in financial pressure, directly targeting crypto platforms allegedly used to circumvent sanctions.

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