The post EU’s 19th Sanctions Package Hits A7A5 Stablecoin and Crypto Exchanges appeared first on Coinpedia Fintech News
The European Union has unveiled its 19th round of sanctions against Russia, targeting key sectors that support Moscow’s war in Ukraine.
Cryptocurrency is also a major focus, as the EU seeks to prevent Russia from using digital assets to bypass sanctions.
“We have just adopted our 19th package of sanctions. It targets Russian energy, banks, crypto exchanges, and entities in China, among others. The EU is also regulating the movements of Russian diplomats to counter attempts at destabilisation,” said Kaja Kallas, EU High Representative for Foreign Affairs and Security Policy.
We just adopted our 19th sanctions package.
It targets Russian banks, crypto exchanges, entities in India and China, among others.
The EU is curbing Russian diplomats’ movements to counter the attempts of destabilisation.
It is increasingly harder for Putin to fund this
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