EU Proposes TOTAL BAN on Russian Crypto Transactions

The European Commission just dropped its most aggressive crypto sanctions ever (20th Package).

What's Banned:

→ ALL crypto transactions tied to Russia

→ Russia's Digital Ruble (CBDC) in EU

→ EU businesses dealing with Russian crypto providers

→ Third-country banks helping Russia (Kyrgyzstan, Tajikistan, Laos)

Why Now?

Russia's ruble-pegged stablecoin A7A5 processed over $100B in under a year, bridging rubles to $USDT and bypassing existing sanctions.

Key Points:

Requires all 27 EU member states' approval

3 countries already raised concerns

Target deadline: Feb 24 (invasion anniversary)

Will It Work?

History says when centralized platforms get banned, activity shifts to P2P & DeFi. Full enforcement in a decentralized world remains the biggest challenge.