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Morning Edition · Sunday, July 26, 2026Published at 1:29 AM EDT · New York
European Union Bars Transactions With Crypto Exchange HTX Over Russian Sanctions Evasion
The bloc's 21st sanctions package placed Huobi Global, the entity behind HTX, under a transaction ban effective August 23, and claimed new power to restrict entire countries' crypto networks.
The European Union adopted its 21st sanctions package against Russia on July 23 and named the crypto exchange HTX, formerly Huobi, among 18 crypto-service providers it says helped Russians evade sanctions. From August 23, operators in the b…
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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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