Europe Announces 19th Sanctions Package on Russia — Including First-Ever Crypto Asset Designations Linked to Moscow

Today, the European Union adopted its 19th sanctions package against Russia, expanding restrictive measures on sectors that continue to fuel the war in Ukraine. The new package targets individuals and entities tied to Russia’s energy, financial, and military-industrial sectors, while introducing tighter controls on the movement of Russian diplomats within the EU. It also includes measures against those involved in the unlawful deportation and abduction of Ukrainian children, underscoring the EU’s ongoing commitment to hold perpetrators accountable and constrain the resources sustaining Russia’s invasion.

For the first time since Russia’s invasion of Ukraine, the European Union has imposed sanctions directly targeting crypto…

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