EU 20th Sanctions Package Explained and What It Means for Crypto
The European Commission has presented its 20th round of sanctions against Russia, which will target cryptocurrency platforms and digital assets. European Commission President Ursula von der Leyen announced the new restrictions on February 6, 2026.
The measures extend beyond traditional sectors such as energy and trade to include the digital economy.
What Will Be Banned in the Crypto Sector?
The new package is directed against crypto platforms, traders, and companies that, according to European regulators, are helping Russia circumvent existing sanctions. The aim is to close loopholes in digital payments and restrict cryptocurrency-based financing.
While the exact wording of the measures remains unclear, the EU has indicated that it intends…
