---
title: EU’s 19th Sanctions Package Targets Russia’s Finance and Digital Assets
description: EU’s 19th Sanctions Package Targets Russia’s Finance and Digital Assets
---

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# [EU’s 19th Sanctions Package Targets Russia’s Finance and Digital Assets](https://www.plenitudeconsulting.com/news-insights/eus-19th-sanctions-package-targets-russias-finance-and-digital-assets)

 Written by [Insight & Partnership Team](https://www.plenitudeconsulting.com/news-insights/author/insight-partnership-team) | Oct 27, 2025 11:32:21 AM

 

Key updates include: 

➡️ **Crypto Restrictions:** Expanded prohibitions on cryptocurrency and digital asset services, including payment acquisition, payment initiation, and e-money issuance; 

➡️ **Financial Institutions:** A transaction ban imposed on five foreign banks and one crypto company linked to Russian financial activity; 

➡️ **Vessels**: The package bans reinsuring the shadow fleet and targets an additional 117 vessels; and 

➡️ **Payment Systems:** The EU extended its ban on participation in Russia’s System for Transfer of Financial Messages (SFPS) by adding MIR and the Fast Payment System (FPS) - two major domestic alternatives to SWIFT. 

✅ Firms should assess exposure to Russian-linked crypto, banking, and payment systems, update sanctions screening, and review any payment or digital asset relationships that may fall within the new restrictions. 

 

[View full post](https://www.plenitudeconsulting.com/news-insights/eus-19th-sanctions-package-targets-russias-finance-and-digital-assets)

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