EU to sanction two Kyrgyz banks over Russian crypto transactions

Two of Kyrgyzstan’s banks, accused of processing crypto-linked transactions for Russia, have been targeted in the EU’s recently proposed 20th package of sanctions over the war in Ukraine. Brussels is now focusing on third countries, helping Moscow circumvent its financial and trade restrictions. Banking institutions in Tajikistan, another of Russia’s allies, are also threatened. Europe […] source: https://www.cryptopolitan.com/eu-sanction-kyrgyz-banks-russian-crypto-txns/