According to CoinMeta, and as stated by the European Commission, the EU has established a cryptocurrency sanctions working group ( EU Crypto Sanctions Task Force ) aimed at preventing the use of crypto assets to circumvent EU financial sanctions. Maria Lu Ís Albuquerque , the commissioner for Financial Services, Savings and Investments of the EU, stated that this working group will study how to close loopholes in sanctions evasion within the crypto asset sector. In addition, the European Commission also announced the establishment of a dedicated sanctions enforcement office to enhance law enforcement coordination, information sharing, and data analysis among member states, thereby promoting more consistent implementation of sanctions measures across the 27 EU member countries.