Europe’s authorized crypto sector could face 1,569 to 5,409 governance and counterparty reviews as the EU introduces Russia- and Belarus-related sanctions controls in August, according to an FM Intelligence projection. The base scenario produces 2,849 review actions across the EU27.

The full FM Intelligence analysis identified 289 authorized crypto-asset service providers in the EU27. Of those, 256 have at least one permission related to trading, exchange, execution, or order transmission.

That puts 88.6% of the authorized population inside the primary group for counterparty and governance screening. The count covers legal entities rather than brands or corporate groups.

FinanceMagnates.com reported last week that the EU added HTX to its…