EU's New Russia Sanctions Target Evasion Mechanisms, But Enforcement Challenges Remain

The EU's 21st sanctions package targets Russian evasion mechanisms including cryptocurrency, gold, and diamonds, but enforcement gaps remain as some identified entities are excluded and wind-down periods allow asset transfers. Internal EU divisions delayed the package by six weeks and forced compromises that weakened key measures.

This Wire brief sits within Fusion42's coverage of Crypto & Web3. Wire is Fusion42's founder-focused intelligence feed: each story is connected to the funds and startups it names — every one with a live profile on Raise or Scout — so founders can follow the capital and the momentum behind the headline rather than just the headline itself. Wire analysis is one of the live surfaces Arthur reasons over.