EU Expands Russia Sanctions to Target Offshore Crypto Platforms

The European Union has moved to tighten its net around Russia’s alleged use of crypto rails to skirt international sanctions, blacklisting a new group of offshore virtual asset platforms and entities as part of its latest restrictions package. The action lands amid a softer risk backdrop for digital assets, with U.S. spot crypto ETFs posting notable outflows and Bitcoin (BTC) slipping below $64,000.

EU widens sanctions to include non-EU crypto venues
According to TRM Labs, the EU Council on Wednesday, July 23 (UTC), adopted its 21st sanctions package against Russia, adding a slate of non-EU…  Read more

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