Big news about cryptocurrency! The European Union (EU) just added a Russian company called Garantex to its list of bad guys. Garantex is a place where people can buy and sell cryptocurrency. The EU thinks Garantex helped Russia with its war, so they're punishing it. This is important because it shows how governments are watching cryptocurrency closely.
- Garantex was already in trouble with the US.
- The EU says Garantex helped Russian banks.
- This is the first time the EU has punished a cryptocurrency exchange.
| Fact | Detail |
|---|---|
| Number of people and entities sanctioned by the EU | Over 2,400 |
| Garantex's previous sanction | By the US in 2022 |
