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UK sanctions Russian crypto networks

UK sanctions Russian crypto networks to prevent evasion. Includes Huobi, Exmo, and others.

William Thomas
ByWilliam Thomas- Senior Editor
|
0
UK sanctions Russian crypto networks
Photo: Prepared by Bond.az

The UK has imposed new sanctions targeting Russian cryptocurrency networks to curb evasion of existing restrictions.

The package includes crypto exchanges and the 'A7 network,' which is allegedly used by Russia to bypass sanctions.

Among the 18 new designations are Huobi Global SA, Exmo Exchange, Eurasian Savings Bank, and Sergey Mendeleev.

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UK sanctions Russian crypto networks | Bond.az