ChainThink reports that on July 23, according to an announcement from the Council of the European Union, the EU officially adopted its 21st package of sanctions against Russia, expanding restrictions on Russia’s financial system, energy revenues, military industry, and cryptocurrency asset services.
This round of sanctions adds 218 individuals and entities, including 48 individuals and 170 entities.
In the financial sector, the European Union has frozen assets of 94 banks and major financial institutions and expanded transaction prohibitions to 33 Russian credit and financial institutions.
Regarding crypto assets, the EU has restricted 14 related service platforms and, for the first time, proposed a complete ban on crypto asset services in third countries that assist Russia in evading sanctions.
In the energy and defense sectors, the EU has imposed new sanctions on 41 vessels linked to Russia’s “shadow fleet,” restricted transactions with multiple oil traders, refineries, and related companies, and strengthened export controls on entities involved in Russia’s defense supply chain and remote-controlled drones.