UK sanctions three crypto exchanges tied to Russian illicit funds
The UK government sanctioned three cryptocurrency exchanges and two payment platforms suspected of helping Russian entities circumvent financial sanctions, including services linked to Kyrgyzstan and facilitating transactions with the Kremlin-backed A7 network.
The UK government has sanctioned three cryptocurrency exchanges and two payment platforms suspected of helping Russian entities circumvent financial sanctions. Three of the service providers were linked to Kyrgyzstan, while two were said to have facilitated transactions with the Kremlin-backed A7 network.