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UK Imposes Sanctions on Three Crypto Exchanges Tied to Russian Illicit Activities

UK Imposes Sanctions on Three Crypto Exchanges Tied to Russian Illicit Activities

UK Sanctions Three Crypto Exchanges Linked to Russian Illicit Funds
UK Sanctions Three Crypto Exchanges Linked to Russian Illicit Funds

The UK government has taken another step to disrupt Russia-linked crypto flows by sanctioning three cryptocurrency exchanges and two payment platforms, alleging they have supported efforts to...

UK sanctions three crypto exchanges tied to Russian illicit funds
UK sanctions three crypto exchanges tied to Russian illicit funds

The UK sanctioned crypto exchanges and payment processors, some of which were tied to thousands of Russian entities and the sanctioned HTX exchange.

UK slaps sanctions on three crypto exchanges over alleged Russia links
UK slaps sanctions on three crypto exchanges over alleged Russia links

Britain said the crypto platforms and two payment services may have helped Russia evade financial sanctions, with two handling transactions involving the Kremlin-backed A7 network.

UK Sanctions 3 Crypto Firms Over Russia Ties
UK Sanctions 3 Crypto Firms Over Russia Ties

The UK's package also named 17 people and firms that import machine tools, electronics and material used in ballistic missiles and drones.

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