EU Sanctions

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Illustration of EU sanctions against Russia and crypto firms including HTX
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EU rolls out 21st sanctions package targeting Russia and crypto firms

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The European Union has announced its 21st sanctions package against Russia, naming crypto exchange HTX among the targets and expanding measures against financial networks and institutions.

FIDE President Arkady Dvorkovich has voluntarily suspended his powers following inclusion in the European Union's 21st sanctions package against Russia. Five-time world champion Viswanathan Anand will serve as interim president under the FIDE Charter.

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The European Commission has proposed placing Arkady Dvorkovich, the Russian president of the International Chess Federation (FIDE), under an EU visa ban and asset freeze as part of the 20th round of sanctions against Russia. Dvorkovich faces scrutiny for pro-war statements supporting Russia's invasion of Ukraine, despite his official FIDE role emphasizing neutrality. Hungarian officials are reportedly pushing to exempt him from the measures.

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