EU hits Russia with massive 21st sanctions package targeting $120B crypto network

The EU is considering a ban on third-country crypto services providers for the first time and is targeting 14 crypto companies, which it has not named yet.

• The European Union has expanded its Russia sanctions to target the A7 cross-border payments network, including its new links to Africa, and the A7A5 stablecoin used for sanctions evasion.
• The latest package widens a transaction ban to 14 crypto-related platforms in countries including Georgia, the UAE and Panama, and introduces a tool that could allow a full ban on crypto-asset services used by Russia.
• Alongside the digital asset measures, the EU is freezing assets and banning transactions for 94 banks and major financial institutions, and extending its transaction ban to 33 additional Russian credit and financial institutions.

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Beyond the Risk-Free Rate: Diversified Real World Yield in Productive Stablecoins

Diversified RWA stablecoins sustain 5-7% yield from real credit as crypto funding compresses to ~4%. GENIUS pushes yield off-chain; TAM grows to $4B in 3 years.

Why it matters :

Diversified RWA stablecoins sustain 5-7% yield from real credit as crypto funding compresses to ~4%. GENIUS pushes yield off-chain; TAM grows to $4B in 3 years.

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Disclaimer: This article is for information only and does not constitute investment advice. Digital assets involve substantial risk.