EU Targets Crypto Asset Providers Accused of Aiding Russia in Warfare Against Ukraine
![](https://128.wpcdnnode.com/cryptoupdates.nl/wp-content/uploads/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMDMvOGIxYWU5OWItZjBhNi00YjI1LTkwZDgtNzliMzlhM2VmMGQ2LmpwZw3D3D.jpg)
The most recent European Union sanctions against the Kremlin prohibit Eurozone operators from engaging with crypto asset providers that facilitate transactions supporting Russia’s defence-industrial base. Additionally, the new sanctions regime forbids Eurozone operators from utilizing the Russian-developed System for Transfer of Financial Messages (SPFS). These restrictive measures also focus on tankers associated with “Putin’s dark […]