EU Crypto Regulation Bars Belarusian Control of MiCA Firms
Key Insights
- EU crypto regulation bars Belarusian control of European crypto service providers.
- The restriction covers exchanges, transfers, advice and portfolio management.
- Covered firms must apply the expanded prohibition from Aug. 25.
The European Union expanded its crypto regulation on July 23, targeting Belarusian ownership of regulated crypto firms.
Council Decision (Common Foreign and Security Policy) 2026/1847 extended the restriction across the bloc from Aug. 25.
The measure widened an existing prohibition covering wallet, account and custody providers. It now reaches all other crypto services defined under the Markets in Crypto-Assets regulation.
The expansion matters because sanctions screening now overlaps directly with MiCA licensing. European firms face broader checks covering ownership, control and governing-body appointments.
Crypto Regulation Expands Belarus Ownership Restrictions
Council Decision (CFSP) 2026/1847 amended the bloc’s Belarus sanctions framework on July 23. The Council linked the measures to Belarus’s involvement in Russia’s war against Ukraine.
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