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European Union approves sanctions on Israeli settlers and Hamas figures, raising crypto compliance stakes

European Union approves sanctions on Israeli settlers and Hamas figures, raising crypto compliance stakes

The European Union sanctioned several Israeli settlers accused of violence against Palestinians and 10 Hamas leaders on May 11, with measures including travel bans and asset freezes.

EU High Representative for Foreign Affairs Kaja Kallas announced the agreement, which breaks what had been a prolonged stalemate in EU foreign policy on the Israeli-Palestinian conflict.

“It was high time we moved from deadlock to delivery,” Kallas said.

The deadlock had largely been attributed to Hungary’s repeated objections to sanctioning Israeli settlers.

The crypto connection is not theoretical

Hamas has solicited cryptocurrency donations since at least 2019, making this sanctions package directly relevant to the digital…

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