[EU regulators develop restrictive measures guidelines for cryptocurrency providers] Golden Finance reported that the European Banking Authority (EBA), a European regulator responsible for addressing weaknesses in the European banking industry, has issued two sets of guidelines, including specific guidelines for payment service providers (PSPs) and crypto asset service providers (CASPs). On November 14, the EBA issued guidelines that specify what measures PSPs and CASPs must take when transferring funds or cryptocurrencies to comply with EU and national restrictive measures regimes. According to the EBA, these guidelines ensure the implementation of EU and national sanctions. The EBA believes that weaknesses in controls, internal policies and procedures may pose legal and reputational risks to financial institutions, including PSPs and CASPs. In addition, weaknesses in financial institutions in these areas may also "undermine" the effectiveness of the EU restrictive measures regime. The European Banking Authority emphasized that this could lead to circumvention of rules, thereby affecting the stability of the EU financial ecosystem. According to the ECA, the guidelines will apply from December 30, 2025.