🚨 The EU is preparing a crypto ban for Russia?💪
A strike not against exchanges — but against the entire market ⚡️
The European Union is considering a radical step 👉 a complete ban on all cryptocurrency transactions related to Russia.
This is reported by the Financial Times citing a project initiative 👀
🔍 What exactly do they want to do?
❌ Not targeted sanctions
❌ Not separate exchanges or services
➡️ A total stop on any interaction with crypto platforms created in Russia.
➡️ A ban on the use of services that allow the exchange and transfer of crypto assets if they have Russian origins.
The reason is simple 👇
🧠 Sanctions against individual companies do not work
Garantex was shut down → Grinex appeared.
The EU wants to cut off the very mechanism of circumvention, not chase after new signs.
🔴 This is not yet a decision, but a project; unanimous support from all EU countries is needed for adoption.
And already some states have doubts 🤦♂️
⏳ Approval was expected by February 24, 2026, but there are no guarantees.
📦 The 20th package of EU sanctions already includes: • restrictions for banks
• strikes against logistics
• measures against crypto companies and platforms
💬 In a statement, the European Commission explicitly stated:
"…to cut off the ways of circumventing sanctions through cryptocurrencies"
