Following a massive overnight airstrike involving over 400 drones and missiles, Ukrainian President Volodymyr Zelenskyy has signed decrees imposing new sanctions on Russia’s financial and defense sectors.

The measures specifically target the supply chains and funding mechanisms that allow Russia to acquire foreign components for its weapons, as well as entities involved in cryptocurrency mining. Zelenskyy noted that several of these restrictions will be incorporated into the European Union’s forthcoming 20th sanctions package.

This latest action adds to the more than 16,500 restrictions already in place against Moscow, which has become the most sanctioned nation in the world since the conflict began in 2022.