TechFlow news, September 19 — European Commission President Ursula von der Leyen announced today (September 19) that the EU will for the first time include cryptocurrency within its sanctions against Russia. The new round of sanctions will prohibit crypto platforms from conducting transactions with Russia, while also restricting foreign banking activities related to Russia's alternative payment systems. This move aims to close financial loopholes that enable Russia to circumvent existing sanctions. Beyond the crypto sector, the new measures cover multiple areas including energy and banking, such as a full ban on Russian liquefied natural gas imports into Europe and sanctions imposed on 118 vessels of the "shadow fleet."
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