Source: Bitcoin.com
“The European Union (EU) is considering a sweeping ban on all cryptocurrency transactions with Russia as part of new sanctions designed to choke off alternative financial channels that have helped Moscow withstand existing restrictions. Officials argue that a blanket prohibition would be more effective than targeting individual Russian entities spun out of already-sanctioned platforms. According to the Financial Times, which cited an internal European Commission document, Brussels believes such entities are being used to facilitate trade in goods that support Russia’s war in Ukraine. The commission contends that simply blacklisting individual crypto service providers is insufficient.” (02/12/26)
https://news.bitcoin.com/eu-weighs-blanket-ban-on-crypto-transactions-with-russia/