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The EU has agreed its ninth package of economic and individual sanctions in response to Russia's invasion of the Ukraine. As expected, mining is a key focus area.

The European Union has adopted its 20th package of sanctions against Russia, introducing unprecedented measures including the first-ever activation of the EU's anti-circumvention tool and comprehensive restrictions on crypto-asset services. The package targets payment services, financial institutions, energy transport, and establishes new legal protections for EU firms while significantly expanding the scope of entities and vessels subject to sanctions.