Greece blocked the EU’s 21st sanctions package against Russia in June 2026 to protect its shipping firms, particularly Dynagas, from a ban on transporting Russian liquefied natural gas to third countries. Brussels adopted an amended version on July 23, 2026, granting Athens an exemption for its LNG shipping operations while maintaining restrictions on banks, crypto networks and military entities. Facing the unanimity rule that paralyzes negotiations, the European Union is now considering replacing its comprehensive sanctions packages with more targeted thematic measures, adopted individually or by sector. Crypto networks would be among the sectors targeted by these potential new restrictions.
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