European Union: Prohibition on cryptocurrency transactions in European Union 19th package of sanctions against Russia
Progress
Current status
in force
23 Oct 2025 in force
18 Sep 2025 under deliberation
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
Authorisation, registration and licensing
Policy Instrument
Prohibition of goods and services
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
other service provider
Government Branch
executive
Government Body
other regulatory body
Implementation Level
supranational
Timeline of events
Council adopted 19th package of sanctions against Russia including prohibition on cryptocurrency transactions
On 23 October 2025, the Council adopted the 19th package of sanctions against Russia, including a prohibition on cryptocurrency transactions. The package also includes a transaction ban on additional banks in Russia and on banks in third countries. …
SourceEvent type
law
Action type
implementation
Government branch
executive
Government body
other regulatory body
European Commission announced 19th package of sanctions against Russia including prohibition on cryptocurrency transactions
On 18 September 2025, the European Commission announced its 19th package of sanctions against Russia, including a prohibition on cryptocurrency transactions. The proposal also includes a transaction ban on additional banks in Russia and on banks in …
SourceEvent type
law
Action type
introduction
Government branch
executive
Government body
other regulatory body