UK Sanctions Three Crypto Exchanges Over Alleged Russia Ties
Britain sanctioned three crypto exchanges and two payment services over allegations they helped Russia bypass financial restrictions.
The UK has imposed sanctions on three cryptocurrency exchanges and two payment services, citing their suspected involvement in helping Russia circumvent financial sanctions.
British authorities said two of the targeted businesses processed transactions connected to A7, a network backed by the Kremlin.
The measures target both crypto platforms and payment providers over alleged sanctions evasion. The source report did not name the businesses or specify which two handled A7-linked transactions.
Source: CoinDesk
