Key Takeaways:
The EU launched its 20th sanctions package, strictly targeting the entire Russian cryptocurrency industry. Chainalysis sees a new enforcement era, banning EU users from Russian crypto after A7A5 moved $93.3B. Global crypto compliance faces a shrinking environment as the EU’s 20th package targets VASPs like Meer. Chainalysis Heralds New Era Of Crypto Enforcement With EU’s 20th Sanctions Package Against RussiaThis means there is a high risk of designating other exchanges, with high risks present for organizations based in Central Asia, the Caucasus, and the UAE.
