EU Moves to Ban All Crypto Transactions with Russian Entities: Report

In brief

• The European Commission is reportedly seeking to impose an EU-wide ban on all crypto transactions with entities based in Russia.
• The move comes as Russian actors find ways of circumventing targeted sanctions, with the A7A5 stablecoin accounting for $70 billion in volume in 2025 alone.
• Experts agree that a blanket ban will make it harder for Russian actors to evade sanctions, although they may still use intermediaries and shell companies.