
The bloc’s latest sanctions package bars EU dealings with HTX from Aug. 23, adds a new tool to restrict third-country crypto providers tied to Russia sanctions evasion, and broadens Belarus-related MiCA ownership limits.
The European Union has widened crypto-related sanctions on Russia and Belarus, placing Huobi Global S.A., the entity behind HTX, under an EU transaction ban from Aug. 23 and adding a new mechanism that could let Brussels restrict crypto providers across third countries if their services are used to help Russia evade sanctions. The package also extends transaction restrictions to 14 crypto-related platforms operating from several non-EU jurisdictions, adds new designations linked to the A7 payments network and A7A5 stablecoin, and separately expands Belarus sanctions so Belarusian nationals and residents cannot own, control or manage MiCA-authorized crypto firms from Aug. 25.