EU’s largest measures against Russia yet include escalation of crypto sanctions evasion
The EU imposed its largest Russia sanctions package in two years, banning all crypto providers and platforms in Russia while blocking the digital ruble and RUBx stablecoin. The measures target 20 Russian banks and the Kyrgyz exchange TengriCoin, restricting EU residents from transacting with Russian and Belarusian crypto services. Russia increasingly relies on cryptocurrency to evade sanctions.
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Bitcoin funds take in $933 million as crypto ETFs hit highest AUM since February
Bitcoin funds surged with $933 million inflows as crypto ETF assets reached $155 billion, the highest since February. Institutional investors are driving renewed momentum, with total digital asset inflows hitting $1.2 billion weekly. Bitcoin neared $80,000 resistance where January holders approach breakeven. Tech megacap earnings this week will determine if momentum sustains or triggers pullback.
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