EU proposes sanctions against Russian banks and crypto networks
Key takeaways
- EU proposes sanctions against Russian banks and crypto networks.
- The proposed measures would cover 170 people and organisations.
- Among them are nearly 90 banks, the largest batch included at one time, which would bring the number of listed banks to above 100, meaning more than half of Russia’s 213 internationally connected lenders.
EU proposes sanctions against Russian banks and crypto networks. The proposed measures would cover 170 people and organisations. Credit: Vladimir Tretyakov/ Shutterstock.com. · Retail Banker International · Vladimir Tretyakov/ Shutterstock.com. Vidhya Edwards Munnangi Wed, June 10, 2026 at 6:52 PM GMT+7 1 min read The European Union has put forward a 21st round of sanctions on Russia linked to the war in Ukraine, with measures including banks and crypto channels, according to EU foreign policy chief Kaja Kallas.
The proposed measures would cover 170 people and organisations.
Among them are nearly 90 banks, the largest batch included at one time, which would bring the number of listed banks to above 100, meaning more than half of Russia’s 213 internationally connected lenders.