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EU opens door to country-wide crypto bans over Russia sanctions evasion

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EU plans major expansion of Russia sanctions, including country-wide crypto bans

The European Union is preparing to significantly expand sanctions against Russia in the coming months, including measures targeting 14 foreign crypto service platforms and introducing country-level transaction bans that could cut EU operators off from crypto providers suspected of sanctions evasion, according to EU foreign policy chief Kaja Kallas.

Aug 17, 2026·3 sourcesAnti-money laundering (AML)EU foreign policySanctions on Russia & enforcementRussia-Ukraine warCrypto regulationCrypto privacy & surveillance
EU plans major expansion of Russia sanctions, including country-wide crypto bans
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EU planning to expand sanctions against Russia, foreign policy chief Kaja Kallas says

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EU plans most far-reaching sanctions on Russia in coming months