The UK government has imposed sanctions on three cryptocurrency exchange platforms, two payment platforms, and one individual, alleging that they helped Russia evade international restrictions and supported funding for its war in Ukraine. The move was part of a broader package of 38 measures announced on Oct. 8. According to the report cited by Techub News, the wider sanctions package also targeted the financial services sector, oil revenue, and related suppliers. The action places crypto and payment infrastructure alongside more traditional sectors in the latest round of UK restrictions. Crypto.news was cited as the source for the report.
The UK government has sanctioned three cryptocurrency exchange platforms, two payment platforms, and one individual, alleging that they helped Russia evade international restrictions and supported funding for its war in Ukraine.
The action was part of a broader package of 38 measures announced on Oct. 8. The wider sanctions package also targeted the financial services sector, oil revenue, and related suppliers.
Techub News cited Crypto.news in its report.
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