{"id":42166,"date":"2025-08-14T12:02:01","date_gmt":"2025-08-14T12:02:01","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=42166"},"modified":"2025-08-14T12:02:01","modified_gmt":"2025-08-14T12:02:01","slug":"crypto-sanctions-war-china-counters-eus-measures-with-retaliatory-action","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=42166","title":{"rendered":"Crypto Sanctions War? China Counters EU\u2019s Measures With Retaliatory Action"},"content":{"rendered":"<div>\n<p><span style=\"font-weight: 400\">Following the European Union\u2019s (EU) recent decision to impose sanctions on several Chinese entities over alleged facilitation of sanctioned cryptocurrency transactions involving Russia, Beijing has moved quickly to issue retaliatory measures of its own.<\/span><\/p>\n<p><span style=\"font-weight: 400\">China\u2019s Ministry of Commerce condemned the EU\u2019s sanctions as \u201cpolitically motivated\u201d and \u201clacking factual basis.\u201d<\/span><\/p>\n<p>On 13 August 2025, China <a href=\"https:\/\/english.news.cn\/20250813\/2e07b5b4fdea4b9da90957420c288830\/c.html\" rel=\"nofollow\" target=\"_blank\">announced<\/a> countermeasures against two Lithuanian financial institutions after they listed two Chinese banks in its sanctions against Russia.<\/p>\n<p>According to local media reports \u201corganizations and individuals in China are prohibited from engaging in related transactions, cooperation and other activities with the two EU financial institutions, namely UAB Urbo Bankas and AB Mano Bankas, the ministry said, citing the country\u2019s Anti-Foreign Sanctions Law and the regulation on implementing the law.\u201d<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">China is done being the nice guy<br \/>If anyone infringes on China, China will hit back<br \/>In 24 hours, China sanctioned<br \/>Czech President Pavel<br \/>Canada Canola oil<br \/>2 EU banks<br \/>China targets two EU banks, retaliating to bloc&#8217;s Russia sanctions package<a href=\"https:\/\/t.co\/zxBV5JIlUs\" rel=\"nofollow\" target=\"_blank\">https:\/\/t.co\/zxBV5JIlUs<\/a><\/p>\n<p>\u2014 David Lee (@DavidLe76335983) <a href=\"https:\/\/twitter.com\/DavidLe76335983\/status\/1955675753129120023?ref_src=twsrc%5Etfw\" rel=\"nofollow\" target=\"_blank\">August 13, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><strong>EXPLORE: <a href=\"https:\/\/99bitcoins.com\/news\/a-new-world-currency-is-shaping-through-brics-and-is-now-one-step-closer\/\">A New World Currency is Shaping Through BRICS And Is Here<\/a><\/strong><\/p>\n<h2><strong>New Front Has Opened In Already Tense Relationship Between China And EU<\/strong><\/h2>\n<p><span style=\"font-weight: 400\">In early August, the EU unveiled a package of expanded sanctions aimed at tightening pressure on Russia\u2019s war effort in Ukraine. It included blacklisting of several Chinese companies and individuals accused of helping Moscow circumvent restrictions by enabling crypto transfers pegged to sanctioned entities. <\/span><\/p>\n<p><span style=\"font-weight: 400\">The EU regulators alleged that these firms provided wallets, OTC services, or mixing tools to process digital assets linked to Russian interests.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">Previously, the sanctions targeted Russian exchanges and crypto facilitators directly. However, this is the first time China-based institutions have been included in the list.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Chinese officials have warned of \u201cnecessary countermeasures\u201d to protect the \u201clegitimate rights and interests\u201d Chinese enterprises.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Apparently, China is said to be reviewing technology export licenses and imposing tighter scrutiny on EU-based blockchain and fintech companies operating in the Chinese market. <\/span><span style=\"font-weight: 400\">Chinese regulators are allegedly auditing EU-linked banking partners that have exposure to Chinese crypto-adjacent companies. <\/span><\/p>\n<p><strong>DISCOVER:\u00a0<a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/high-risk-high-reward-crypto\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\">7 High-Risk High-Reward Cryptos for 2025<\/a><\/strong><\/p>\n<h2><strong>Will China Accelerate Promotion Of Cross-Border Settlements In e-CNY?<\/strong><\/h2>\n<p>Countries like China, Russia, and Iran are creating their own global currency called BRICS. BRICS stands for Brazil, Russia, India, China, and South Africa. And more than a dozen other countries have already signed on.<\/p>\n<p>Independently, these countries are dwarfs to the US. But together, they represent 40% of the world\u2019s population. According to<a href=\"https:\/\/www.imf.org\/en\/Home\" target=\"_blank\" rel=\"noopener nofollow\">\u00a0the<\/a><a class=\"general-link\" href=\"https:\/\/www.imf.org\/en\/Home\" target=\"_blank\" rel=\"nofollow noopener sponsored\">\u00a0IMF<\/a>, BRICS will represent 50% of the world\u2019s GDP by 2030.<\/p>\n<p>The US is no longer holding all the cards at the global table.<\/p>\n<p>In 2025, the world is G7 countries like Canada, France, Germany, Italy, Japan, the UK, US and the European Union, vs. BRICS.<\/p>\n<p>Like BRICS, the G7 countries control 40% of the world\u2019s GDP. This is also why, only two years ago, China was taking an active role in the negotiations between Saudi Arabia, the second largest oil hegemon, and Iran, the 14th largest economy in the world.<\/p>\n<p>If this were a kickball game, we\u2019re seeing China recruit the teams and set up the field while America still picks dandelions.<\/p>\n<p><strong>DISCOVER:\u00a0<a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/best-crypto-to-buy\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\">Top 20 Crypto to Buy in 2025<\/a><\/strong><\/p>\n<p><span style=\"font-weight: 400\">    <\/p>\n<div class=\"nnbtc-key-takeaways\">\n<h2 class=\"nnbtc-key-takeaways__title\">Key Takeaways<\/h2>\n<p><span style=\"font-weight: 400\">    <\/p>\n<ul class=\"nnbtc-key-takeaways__list\">\n        <\/ul>\n<p><\/span><\/p>\n<p><span style=\"font-weight: 400\">    <\/p>\n<li class=\"nnbtc-key-takeaways__list-item\">\n         <\/li>\n<p><\/span><span style=\"font-weight: 400\">China is said to be reviewing technology export licenses. The country is imposing tighter scrutiny on EU-based blockchain and fintech companies operating in the Chinese market.<\/span><\/p>\n<p><span style=\"font-weight: 400\"><br \/>\n    <\/span><\/p>\n<p><span style=\"font-weight: 400\">    <\/p>\n<li class=\"nnbtc-key-takeaways__list-item\">\n        <\/li>\n<p><\/span><span style=\"font-weight: 400\"> State regulators are allegedly auditing EU-linked banking partners that have exposure to Chinese crypto-adjacent companies.<\/span><\/p>\n<p><span style=\"font-weight: 400\"><br \/>\n    <\/span><\/p>\n<p><span style=\"font-weight: 400\"><br \/>\n    <\/span><\/p>\n<p><span style=\"font-weight: 400\">    <\/span><\/p>\n<\/div>\n<p>    <\/span><\/p>\n<p>The post <a href=\"https:\/\/99bitcoins.com\/news\/bitcoin-btc\/crypto-sanctions-war-china-counters-eus-measures-with-retaliatory-action\/\">Crypto Sanctions War? China Counters EU\u2019s Measures With Retaliatory Action<\/a> appeared first on <a href=\"https:\/\/99bitcoins.com\/\">99Bitcoins<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Following the European Union\u2019s (EU) recent decision to impose sanctions on several Chinese entities over alleged facilitation of sanctioned cryptocurrency transactions involving Russia, Beijing has moved quickly to issue retaliatory measures of its own. China\u2019s Ministry of Commerce condemned the EU\u2019s sanctions as \u201cpolitically motivated\u201d and \u201clacking factual basis.\u201d On 13 August 2025, China announced [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-42166","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/42166","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=42166"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/42166\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=42166"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=42166"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=42166"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}