In brief
- The European Commission is reportedly seeking to impose an EU-wide ban on all crypto transactions with entities based in Russia.
- The move comes as Russian actors find ways of circumventing targeted sanctions, with the A7A5 stablecoin accounting for $70 billion in volume in 2025 alone.
- Experts agree that a blanket ban will make it harder for Russian actors to evade sanctions, although they may still use intermediaries and shell companies.
The European Commission is seeking to impose an EU-wide ban on all crypto transactions with Russia, as part of ongoing efforts to ensure the effectiveness of sanctions.
According to official documents seen by the Financial Times, the ban would prohibit any EU-based individual or entity from…
