European Union: Fifth EU Sanctions package including prohibition on Russian cross-border crypto payments
Progress
Current status
adopted
08 Apr 2022 adopted
Scope
Implementers
Austria
Belgium
Bulgaria
Croatia
Cyprus
Czechia
Denmark
Estonia
Finland
France
Germany
Greece
Hungary
Ireland
Italy
Latvia
Lithuania
Luxembourg
Malta
Netherlands
Poland
Portugal
Romania
Slovakia
Slovenia
Spain
Sweden
Policy Area
International trade
Policy Instrument
Export ban
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Government Branch
executive
Government Body
central government
Implementation Level
supranational
Timeline of events
Council of the European Union adopts fifth Russian sanctions package including cross-border crypto payment restrictions
On 8 April 2022, the Council of the European Union has adopted its fifth sanctions package against Russia in relation to the Ukraine conflict. The package includes a ban on the provision of crypto-asset services involving crypto-asset values of over…
SourceEvent type
order
Action type
adoption
Government branch
executive
Government body
central government