Will the European Union adopt a full ban on crypto transactions linked to Russia?

According to Financial Times, the European Commission has proposed prohibiting any interaction with cryptocurrency service providers created in Russia, as part of a new sanctions package. Instead of targeting individual platforms, Brussels is reportedly considering a broader restriction aimed at preventing circumvention through newly created entities. The proposal is believed to target Russia-linked crypto infrastructure, including the payment platform A7 and the ruble-pegged stablecoin A7A5. However, for sanctions to take effect, all 27 EU member states must approve them. Reports indicate that at least three countries have raised concerns and requested additional clarification, creating uncertainty over whether the measure will pass in its proposed form.