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#Russian sanctions evasion

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UK Imposes Sanctions on Three Crypto Exchanges Over Alleged Russia Links
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UK Imposes Sanctions on Three Crypto Exchanges Over Alleged Russia Links

Key Highlights: The United Kingdom has sanctioned three cryptocurrency exchanges as part of a 38-designation package targeting financial networks suspected of helping Russia circumvent sanctions. Entities sanctioned include Canada-registered Xeltox Enterprises (operator of Cryptomus, Heleket, and Certa Payments), Kyrgyzstan-based TokenSpot, payment platforms Processing KG and Tsunami Payments, and director Ulan Bukabaev. Two targeted businesses allegedly ...