EU Tightens Grip: New Sanctions Laws Extend to Crypto

  • The EU Parliament has approved new sanctions laws that also apply to crypto service providers, aiming for uniform enforcement across its 27 member states.
  • These measures can include freezing assets, including those related to crypto-assets and wallets, to crack down on sanctions violations.
  • The move underscores the EU’s effort to strengthen its response to international incidents, reflecting the growing intersection of traditional finance and the crypto sector.

For an in-depth understanding of these developments, you can read the full story on CoinDesk.