Tether plans to contribute €28.8 million, approximately $32.16 million, to a Juventus capital increase, while the European Commission is establishing a cryptocurrency task force to address Russian sanctions evasion, according to PANews’ November 8, 2026 roundup.
Tether to participate in Juventus capital increase
PANews reported that Tether, which holds approximately 11.5% of Juventus, will participate in the €250 million capital increase proposed by the club’s largest shareholder, Exor. Tether’s planned €28.8 million contribution is proportional to its stake.
At Juventus’ November 3 shareholder meeting, Tether abstained on the other ordinary resolutions. These included approval of financial statements showing a €66 million loss, director appointments and an executive incentive plan.
The report also noted that Tether had proposed acquiring all Juventus shares from the Agnelli family’s holding company in December 2025, but the proposal was rejected.
EU task force to target crypto-related sanctions evasion
According to the same roundup, the European Commission decided at the EU’s tenth high-level sanctions meeting to establish a dedicated sanctions office, with a cryptocurrency task force operating within it.
The task force is expected to run for 12 months, with support from Ukraine and the United Kingdom. Its remit is to address Russia’s use of digital assets to evade sanctions, including networks involving the A7A5 digital ruble stablecoin.
The broader sanctions office will coordinate implementation across EU member states, covering policy design, implementation, enforcement support and anti-circumvention efforts.
Original publication: November 8, 2026, at 17:20 (UTC+8). This article reflects the reporting available at that time.
Source: PANews original roundup.