The EU adopted the 20th sanctions package targeting Russia's crypto evasion architecture. It bans transactions with Russian cryptoasset service providers, exchanges, and payment agents, effectively cutting off the Russian crypto sector from EU access. This includes prohibiting the digital ruble and Belarusian digital ruble, further tightening sanctions.
The US Treasury has frozen over $344 million in cryptocurrency linked to Iran as part of a campaign to cut off Tehran’s revenue streams. This move is part of ‘Operation Economic Fury,’ targeting Iran’s oil exports and sanctions evasion systems. Officials warn that a bottleneck at the Kharg Island oil terminal will significantly damage Iran’s economy.