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#Russia crypto sanctions

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KuCoin Halts Services in Russia and Belarus as Sanctions Pressure Crypto Exchanges
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KuCoin Halts Services in Russia and Belarus as Sanctions Pressure Crypto Exchanges

Key Highlights KuCoin has moved to restrict operations in Russia and Belarus, ambiguously referencing “applicable legal and regulatory requirements” without citing specific European Union or United Kingdom mandates. The move follows prior restrictions by centralized exchanges MEXC and Bitget, amid escalating Western sanctions targeting third-party crypto firms and evasion networks. With domestic regulatory rollout timelines ...

UK Sanctions Crypto Platforms Suspected of Aiding Russian Financial Networks
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UK Sanctions Crypto Platforms Suspected of Aiding Russian Financial Networks

Key Highlights: The UK government has sanctioned Canada-registered Xeltox Enterprises Ltd alongside platforms Cryptomus and Heleket for supporting Russia’s financial services sector. Blockchain intelligence firm TRM Labs identified deep operational ties, shared infrastructure, and hundreds of millions of dollars in transfers involving sanctioned entities such as Garantex. Additional sanctions targeted TokenSpot—identified as a front company ...