European Commission has proposed complete ban on crypto transactions with Russia

Ринки 12.02.2026    12:20

As part of preparations for the next, 20th package of sanctions against Russia, the European Commission has proposed a complete ban on cryptocurrency transactions related to Russia in order to block channels for circumventing restrictions through digital assets, the Financial Times reported, citing an internal European Commission document.

According to the publication, the idea is to move from targeted measures against individual Russian crypto platforms to a broader approach—banning interaction with crypto services linked to Russia. The document also mentions initiatives to restrict transactions related to the digital ruble and measures against certain payment instruments that, according to Brussels, could be used to circumvent sanctions.

Earlier, European Commission President Ursula von der Leyen, presenting the parameters of the new package, announced her intention to tighten restrictions in the financial sector and take measures against cryptocurrencies and platforms that could be used to circumvent the sanctions regime. Reuters also reported that the package includes additional measures against crypto companies that help Russia circumvent restrictions.

The European Commission's proposals must be unanimously agreed upon by EU member states. EU countries planned to begin discussing the new sanctions package in the coming days, with a target date of February 23.

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