EU Proposes Ban on Transactions with 11 Crypto Platforms in Latest Russia Sanctions Package
By
@cointelegraph
Summary
The European Union has proposed banning transactions on 11 unnamed crypto platforms as part of its 21st sanctions package against Russia. The measures, announced by EU foreign policy chief Kaja Kallas, target banks, weapons manufacturers, oil traders, refineries, and other entities outside the bloc. The proposal also includes wider restrictions on third-country crypto-asset services, tightening existing sanctions on crypto services to certain countries.
Source
Key quotes
· 2 pulledWe will also tighten our ban for crypto-asset services to certain third countries, add new designations, and ban transactions on 11 crypto platforms.
Kaja Kallas, vice president of the European Commission and the EU's high representative for foreign affairs and security affairs, outlined measures targeting banks, weapons manufacturers, oil traders, refineries and other entities outside the bloc.
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