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The UK has imposed new sanctions on Russian-linked crypto platforms.
Britain imposed new sanctions on Russia-linked crypto platforms, banks, and financial networks accused of helping Moscow evade existing restrictions. The measures target what the UK calls “shadow financial systems,” including the Kremlin‑backed A7 network and major entities such as Huobi Global (HTX). yahoo.com Russia’s embassy dismissed the sanctions as unlawful and ineffective, arguing they would harm the UK more than Russia. UK officials said they will continue working with allies to disrupt financial channels supporting Russia’s war in Ukraine.
Read more:
https://www.reuters.com/world/uk-targets-russian-crypto-networks-latest-sanctions-2026-05-26/