EU Prepares 19th Sanctions Package Against Russia, Targets Crypto Exchanges

News Flash 08/09/2025 14:48

The European Union is preparing its 19th round of sanctions against Russia, potentially targeting Russian cryptocurrency exchanges and financial systems. This new package, expected to be formally presented soon, aims to include measures against approximately six Russian banks and energy companies. The EU is also considering tightening restrictions on Russian oil trade and cracking down on Russia's payment and credit card systems. In coordination with the United States, EU officials will travel to Washington to discuss joint actions. The sanctions may extend to Russian 'shadow ships' and oil traders in third countries, with potential bans on reinsurance for listed tankers. Additionally, the EU is contemplating stricter sanctions on major Russian oil companies and may revoke exemptions for firms like Rosneft. Other measures under consideration include export bans on goods used in Russia's military industry and visa restrictions.

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