Morning Edition · Saturday, July 25, 2026Published at 1:44 AM EDT · New York
European Union Sanctions a Russia-Linked Stablecoin Network That Processed About $120 Billion
The bloc's 21st package designates 14 crypto platforms tied to the A7 network and claims a new power to ban crypto services from entire third countries that enable sanctions evasion.
The European Union (EU) has adopted its 21st sanctions package against Russia, extending transaction bans to 14 crypto-related platforms and adding designations tied to what investigators call the A7 network. Blockchain analytics firm Chain…
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States Turn Crypto Rails Into Sanctions Instruments
Governments increasingly track, freeze, and seize on-chain assets to enforce sanctions, turning traceable ledgers and centrally controlled stablecoins into extensions of financial statecraft rather than escapes from it.
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