EU sanctions hit over 100 financial institutions

The EU has unleashed a new legal weapon: the power to ban transactions with every crypto service provider in an entire country. By blacklisting platforms across the UAE, Panama, and Georgia, regulators are moving from targeting individuals to cutting off whole jurisdictions from the crypto economy. This shift signals the end of crypto as a borderless safe haven and sets a precedent for total regulatory control. Is this a necessary security measure or extreme overreach?
This summary was generated by AI