The European Union has targeted 14 crypto service platforms and 94 banks and financial institutions under its 21st sanctions package against Russia.
Summary
- EU sanctions target 14 crypto platforms and 94 banks over alleged Russian links.
- New powers allow the EU to block crypto services across entire jurisdictions.
- Measures also cover 41 shadow-fleet vessels, oil refineries and military suppliers.
According to the Council of the European Union, the measures cover crypto providers based in Georgia, Panama, the United Arab Emirates, the Marshall Islands, Kyrgyzstan and Belarus. EU authorities linked the platforms to services used by Russia to bypass existing financial…
