EU Sanctions Round 19 Targets Russian Crypto Platforms and Cryptocurrency Transactions

BlockBeats News, September 19th. Today, European Commission President von der Leyen announced the content of the 19th round of sanctions against Russia, which for the first time covers the cryptocurrency field. Von der Leyen stated, "We are focusing on the financial loophole that Russia is using to evade sanctions, imposing transaction bans on more Russian banks and banks from third countries, and intensifying efforts to combat sanction evasion. The restrictive measures will, for the first time, involve cryptocurrency platforms and prohibited cryptocurrency transactions, and will add foreign banks related to Russia's alternative payment system to the list. In addition, transactions with institutions within economic special zones will also be restricted."