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The EU's latest Russia sanctions package adds 120 new listings and rolls out financial measures that touch just about every corner of Russia’s crypto scene.
The EU's new Russia sanctions package bans all business with Russian crypto asset service providers, including decentralized platforms.
KEY POINTS
- The package targets infrastructure-level elements like stablecoins, payment agents, and service providers supporting crypto settlement.
- Kyrgyz exchange Meer.kg and the A7A5 stablecoin are specifically identified as Russia-linked enforcement paths.
- Support for Russian stablecoins RUBx and the digital rouble is now explicitly prohibited under EU sanctions.
- Compliance now requires examining entire transaction routes, not just named exchanges or wallets, greatly raising enforcement complexity.
COMPANIES
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