EU Sanctions Russia With New Crypto Ban Tool and 218 Listings

• EU sanctions now cover 14 crypto platforms based across six jurisdictions.
• A new tool allows full transaction bans on third-country crypto providers.
• Asset freezes apply to 94 banks and major financial institutions, while another 41 shadow-fleet vessels joined the existing sanctions list.

European Union officials adopted the 21st sanctions package against Russia on July 23, 2026. Measures target financial services, crypto platforms, energy companies, and military suppliers. Brussels also added 218 individuals and entities, marking its largest round of listings in four years.

Crypto restrictions form a central part of the package. EU authorities added 14 service platforms located in Georgia, Panama, the UAE, the Marshall Islands, Kyrgyzstan, and Belarus. Officials linked those businesses to payment routes used to bypass earlier sanctions.

EU Crypto Rules Reach Th…

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