UK Sanctions Three Crypto Exchanges Over Russian Illicit-Fund Links
The UK has sanctioned three crypto exchanges and payment processors over reported links to illicit Russian funds, according to Cointelegraph.
The UK has imposed sanctions on three cryptocurrency exchanges as part of action targeting platforms linked to illicit Russian funds, Cointelegraph reported.
Payment processors were also included in the sanctions. Some of the targeted businesses had ties to thousands of Russian entities, according to the report.
The reported connections also extended to HTX, which the source described as a sanctioned exchange. The supplied report did not name the three exchanges or detail the measures imposed.
Source: Cointelegraph
