EU Announces Sanctions Against 90 Russian Banks and Crypto Services

The EU's proposed sanctions target 90 Russian banks, marking a significant escalation in financial restrictions. The measures are intended to cut off Russia from international financial systems and reduce its ability to conduct transactions. Additionally, the EU is preparing sanctions against crypto services in Russia, which could affect wallet owners and digital asset transactions. The exact scope and implementation timeline have not been detailed, but the move reflects a coordinated effort to isolate Russia economically. Sources indicate the sanctions are part of a broader strategy to limit Russia's financial capabilities and deter further aggression.