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The European Union adopted its 19th sanctions package against Russia, introducing restrictions on cryptocurrency platforms for the first time since the war in Ukraine began.
The measures, adopted Thursday, prohibit Russia-based crypto payment providers and the distribution of related payment software across the bloc. The sanctions also target Russian energy firms, banks, and entities in China, Kyrgyzstan, Tajikistan, Hong Kong and the United Arab Emirates accused of helping Moscow evade previous restrictions.
“We have just adopted our 19th package…
