The European Commission proposes new sanctions against Russia in the areas of finance and cryptocurrencies: for the first time, a complete ban on crypto-asset services in third countries is being proposed, and new banks have been added to the list.
European Commission President Ursula von der Leyen announced this on Tuesday in Brussels while unveiling the 21st package of sanctions against Russia.
“My second point concerns financial and cryptocurrency restrictions. We are expanding our banking transactions to include 31 Russian banks and up to 20 crypto firms or platforms and oil traders in third countries that have served Russian organizations and individuals subject to sanctions or circumvented our measures,” she said.
It is also proposed to impose a complete ban on crypto-asset services in third countries. “This will be a powerful deterrent for hosting platforms in countries that help Russia circumvent our sanctions,” von der Leyen emphasized.
BANKS, CRYPTOCURRENCY, EUROPEAN COMMISSION, RUSSIA, SANCTIONS
