The U.S. and EU are intensifying sanctions against Russia, targeting the cryptocurrency sector as part of their efforts to curb financial maneuvering using digital assets. New restrictions aim to curtail the use of stablecoins in circumventing sanctions. 24 hours from now, the U.S. plans to significantly expand existing sanctions on Russia. This move has been spearheaded by key figures like Senate Majority Leader John Thune and Senator Jeanne Shaheen who are advocating for swift legislative action. The Senate Bill 1241 introduced supports these measures. The EU’s Directorate-General for Financial Stability is enacting new restrictions on crypto assets, including regulation. These actions have far-reaching implications for the cryptocurrency market. They will increase scrutiny of exchanges and stablecoin issuers, affecting key cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH). 24 hours from now, the U.S. will impose more severe sanctions on Russia, resulting in tighter financial controls. The move signifies a coordinated Western approach to counter sanctions evasion.