EU releases 20th sanctions package against Russia introducing specific crypto bans
By Olivier Acuna
Published on April 27, 2026.
The European Union (EU) has released its 20th round of sanctions against Russia, including a total ban on providers and platforms established in Russia that allow the transfer and exchange of crypto assets. The sanctions also include measures against 20 Russian banks, four third-country financial institutions, and entities connected to the Russian System for Transfer of Financial Messages (SPFS). The EU also imposed sanctions on TengriCoin, a Kyrgyz crypto exchange where significant amounts of the government-backed stablecoin A7A5 are traded. The measures create an ecosystem-wide crypto restriction on Russia and Belarus, and individuals from the EU are no longer allowed to transact with cryptocurrency service providers (CASPs) and decentralized finance (DeFi) platforms.
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