Japan Sanctions Crypto Exchange Garantex over Russia’s War in Ukraine
Key Highlights: Japan expands sanctions against Russia by imposing asset freezes on 33 organizations, nine individuals, and targeting 35 “shadow fleet” oil vessels. New regulatory restrictions prohibit maritime services, including insurance and repairs, to curb Moscow’s lucrative crude oil revenue. Blockchain intelligence findings highlight challenges in sanction enforcement, noting crypto platforms like Garantex deploy contingency ...