EU Unveils 19th Sanctions Package: Crypto Service Providers in the Crosshairs

BRUSSELS, BELGIUM - FEBRUARY 24: European Union, and Ukrainian flags flies in front of the Berlaymont, the EU Commission headquarter for the 3rd anniversary of the large scale invasion of Ukraine by Russia on February 24, 2025 in Brussels, Belgium. Russia's invasion of Ukraine is a conflict launched on February 24, 2022 by order of Russian President Vladimir Putin, from Russia, Belarus, and Ukrainian territories occupied by Russians since the 2014 Russo-Ukrainian War: the Annexation of Crimea by the Russian Federation and the self-proclaimed Donetsk People's Republic and Luhansk People's Republics. (Photo by Thierry Monasse/Getty Images)

The European Union (EU) has announced its 19th sanctions package, introducing tougher measures aimed at preventing the circumvention of financial restrictions.

For the first time, crypto service providers are explicitly included among the targeted entities. EU officials cited “growing evidence” that digital assets are being used to bypass sanctions, emphasizing the need for stricter oversight and compliance reporting.

Analysts say the move signals a new phase of regulatory tightening for Europe’s crypto ecosystem, especially affecting cross-border transfers and stablecoin transactions.

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