The European Commission announced the 21st sanctions package against Russia, targeting high-impact sectors: energy,

The European Commission announced the 21st sanctions package against Russia, targeting high-impact sectors: energy, financial services —including cryptoassets— and trade restrictions. The package aims to close loopholes and align EU sanctions with those of its partners. As of now, the official text has not been published in the EU Official Journal, so the exact scope remains preliminary.

Since 2014, the EU has imposed successive sanctions packages against Russia in response to the situation in Ukraine. The 21st package represents an escalation in pressure, especially in the financial and energy sectors. The explicit inclusion of cryptoassets addresses the need to prevent sanctions evasion through digital currencies.