09.06.2026 Brussels. The European Union is going to propose a 21st package of sanctions against Russia in response to Ukraine war, the event will take place tomorrow, and will target the bank and crypto networks to create a perspective of a banking crisis, and evoke Moscow’s interest to negotiate a peace deal in Ukraine’s favor.
Our sanctions are working.
They are weakening the economic foundations of Russia’s war effort.
Today we double down.
With a 21st package.
Covering energy, banks & crypto, trade including fisheries and visa for Russian soldiers ↓ https://t.co/fTIkATOSfN
— Ursula von der Leyen (@vonderleyen) June 9, 2026
The package is expected to list up to 90 banks, and would take the total of listed banks to over 100, accounting for more than 50% of Russia’s internationally connected lenders.
“We are expanding our transaction bans to 31 more Russian banks. And to 20 banks, crypto firms or platforms and oil traders in third countries, ones that have been servicing sanctioned Russian entities and individuals or circumventing our measures. For the first time, we will introduce the possibility of a full third-country ban for crypto-asset services. It will act as a strong deterrent for the countries hosting platforms that help Russia evade our sanctions” Ursula von der Leyen, the president of the European Commission, statement reads.
“Putin is losing money, men and momentum,” the chief of the EU diplomacy Kaja Kallas said, noting that Western sanctions have already cost Russia an estimated $1.2 to $1.5 trillion. “That is precisely why Russia is escalating its attacks on Ukrainian civilians.”
“Brick by brick, we are collapsing the foundations of Russia’s war economy.”
