Thursday, February 12, 2026

EU Seeks To Close Russia Crypto Loopholes In New Sanctions

"The
European Union is finalizing a new package of sanctions aimed at closing loopholes that officials say have allowed Russia to use cryptocurrency to circumvent existing restrictions.
The
EU is seeking to ban all cryptocurrency transactions with Russia” as part of the upcoming 20th sanctions package.
Among the foreign lenders, the
EU has proposed sanctioning two Kyrgyz banks, Keremet and OJSC Capital Bank of Central Asia, along with banks in Laos and Tajikistan." ZH

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