[EU Establishes Cryptocurrency Working Group to Combat Russian Sanctions Circumvention for 12 Months] Odaily Planet Daily reports that the European Commission, at its 10th High-Level Sanctions Meeting, decided to establish a dedicated sanctions office and, within it, a cryptocurrency working group to address Russia's use of digital assets to circumvent sanctions. The working group is expected to operate for 12 months, with support from Ukraine and the UK. The sanctions office will coordinate member states' implementation of sanctions measures, covering policy design, implementation, enforcement support, and anti-circumvention efforts. The working group will target relevant networks, including the A7A5 digital ruble stablecoin; this stablecoin previously saw trading volumes exceeding $100 billion. (Bitcoin.com News)