Crypto News: EU Drafts Russia Crypto Ban After $100B Stablecoin Surge
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Key Insights: Crypto news reveals the EU reportedly proposing a blanket ban on all Russian crypto service providers in the 20th sanctions package. A7A5 stablecoin allegedly processed $100 billion despite US and EU sanctions imposed in 2025. All 27 EU member states must agree, but three countries are reportedly already opposing the crypto-specific elements. The European Union is reportedly preparing its most aggressive move yet against Russian crypto activity. A draft proposal highlighted in today’s crypto news bit calls for a full ban on all Russian crypto service providers. This is a huge shift. Earlier sanctions targeted specific platforms. Those did not work. So now, the EU wants to ban everything at once. Crypto News: EU Shifts from Targeted Bans to Full Sector Prohibition For years, the EU has sanctioned individual Russian crypto platforms one by one. Each time a platform got sanctioned, a new one appeared. The pattern repeated itself. Garantex, a big Russian exchange, got sanctioned. Grinex, a rebranded version, replaced it. A7A5, a ruble-backed stablecoin, was later launched. The proposed 20th sanctions package changes the approach entirely, making it one of the biggest crypto news pieces at press time. Instead of targeting individual platforms, EU entities would reportedly be barred from using any crypto service provider based in Russia. Crypto News: EU Proposes Blanket Ban on Crypto Transactions with Russia | Source X The proposal also explicitly targets Russia’s digital rouble (also called the ruble), the country’s government-backed digital currency. This is the first time the EU has proposed a sector-wide crypto prohibition tied to Russia. The package also adds 20 more Russian banks to the sanctions list. It also introduces new tools to restrict trade with countries, allegedly helping Russia avoid existing sanctions. Crypto News: $100 Billion Stablecoin Bypasses Sanctions The reason for this shift becomes…
Filed under: News - @ February 11, 2026 3:32 pm