- The EU sharply strengthened regulation of crypto-related activity in its 20th sanctions package targeting Russia.
- The bloc imposed a full ban on digital assets involving crypto service providers and exchanges in Russia, the digital ruble and RUBx.
- Within the EU, transactions involving crypto and DeFi platforms tied to Russia and Belarus, as well as the provision of MiCA-regulated crypto-asset services, are banned.
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The European Union approved a 20th package of sanctions against Russia, significantly tightening curbs on crypto-related activity.
Crypto media outlet BlockBeats reported on April 27 that the EU rolled out its most comprehensive Russia…
