BroadChain learned that on April 27 at 19:06, the EU announced the 20th round of sanctions against Russia, the largest package of measures in two years. The sanctions comprehensively prohibit transactions with crypto service providers and platforms within Russia, while also banning the Russian central bank's digital ruble, RUBx stablecoins, and related support.
In addition, 20 Russian banks and four financial institutions from third countries related to the SPFS settlement network have been added to the sanctions list, and the Kyrgyzstan exchange TengriCoin (Meer.kg) has also been included. Blockchain analysis company Chainalysis pointed out that the stablecoin A7A5 in the sanctioned ecosystem has processed approximately $119.7 billion in funds, and is considered a settlement channel for sanctioned Russian enterprises to enter the global financial system.
EU residents are now prohibited from trading with CASPs and DeFi platforms in Russia and Belarus, and are also banned from providing crypto services regulated under MiCA to individuals and entities in Belarus.