The European Commission Establishes an Office for Sanctions The European Commission has announced the establishment of the Sanctions Office and the Working Group on Cryptocurrency Sanctions. The new bodies are designed to neutralize the circumvention of the restrictions by Russia and to improve the coordination between the actions of the European Union countries. As reported by the spokeswoman of the European Commission, Sion McGarry, the office will integrate work in all life stages of the economic sanctions - from policy development to practical implementation. At the same time, the working group will focus on preventing the use of cryptocurrencies to circumvent sanctions.