India's central bank is reportedly urging lawmakers to keep banks insulated from crypto and private stablecoins, while allowing for regulated tokenization. The RBI recommended preventing crypto use in payments and settlements and restricting banking exposure, warning that traditional regulation could legitimize speculative assets.
The EU adopted its 20th Russia sanctions package on April 23, 2025, adding 120 new listings and targeting crypto settlement infrastructure including service providers, decentralized platforms, ruble-backed tokens, payment agents, and digital rouble support. The package bans business with any Russian crypto asset service provider and covers decentralized platforms used to circumvent sanctions. It specifically targets A7A5 (TengriCoin/Meer.kg) and RUBx stablecoins, marking the EU's largest sanctions move against Russia in years with crypto restrictions among its most specific measures.
The European Union’s latest Russia sanctions package, its twentieth so far, brings crypto settlement squarely into an already fractured geopolitical spotlight. Adopted on April 23, the package adds 120 new listings and rolls out financial measures that touch just about every corner of Russia’s crypto scene. That includes service providers, decentralized trading platforms, ruble-backed tokens, […] The post EU sanctions Russian crypto usage for 20th time adding bans on digital rubles and anyone using Russian crypto services appeared first on CryptoSlate.
The European Union has prohibited transactions with the RUBx cryptocurrency and any EU support for digital ruble development, as part of its 20th sanctions package against Russia. The EC also banned netting transactions with Russian agents to prevent sanctions circumvention.
