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EU Targets Crypto Asset Providers Accused of Aiding Russia in Warfare Against Ukraine

J_News by J_News
June 26, 2024
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EU Targets Crypto Asset Providers Accused of Aiding Russia in Warfare Against Ukraine
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The most recent European Union sanctions against the Kremlin prohibit Eurozone operators from engaging with crypto asset providers that facilitate transactions supporting Russia’s defence-industrial base. Additionally, the new sanctions regime forbids Eurozone operators from utilizing the Russian-developed System for Transfer of Financial Messages (SPFS). These restrictive measures also focus on tankers associated with “Putin’s dark […]



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