EU imposes sanctions on Hamas and Israeli settlers, enhancing encryption compliance requirements.

Techub News reports, citing CryptoBriefing, that the EU has imposed sanctions on Hamas leaders and Israeli settler organizations, with the measures approved after Hungary lifted its veto. Those sanctioned face asset freezes and travel bans. Cryptocurrency exchanges and stablecoin issuers operating in Europe must screen relevant wallets in accordance with the law and strengthen compliance reviews. Since 2020, Hamas has raised over $150 million through cryptocurrencies, primarily using USDT for cross-border fund transfers. The sanctions require crypto platforms to enhance customer due diligence and transaction monitoring, which may increase demand for compliance technology companies such as Chainalysis, but could also drive some users toward decentralized protocols to evade scrutiny.