The European Union has escalated its crackdown on alleged Russian sanctions evasion, ordering restrictions on 14 non‑EU crypto platforms and related entities as part of its latest and largest sanctions expansion in years. The move underscores how digital asset services—especially those operating across permissive jurisdictions—are increasingly being pulled into geopolitical enforcement.
According to TRM Labs, the EU Council on July 23 adopted its 21st sanctions package against Russia, adding a broad set of new targets and explicitly naming a group of crypto service providers for transaction… Read more
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