The UK Foreign Office has announced a new round of Russia-related sanctions, saying certain crypto platforms may have been used to help Moscow bypass existing restrictions, according to CoinDesk. The sanctioned parties include Xeltox Enterprises, which operates Cryptomus, Heleket and Certa Payments, as well as Kyrgyz exchange TokenSpot and payment platforms Processing KG and Tsunami Payments. UK authorities also said two of the sanctioned entities had previously processed transactions tied to the A7A5 network. The move places several crypto and payments businesses under the latest British sanctions framework tied to Russia.
The UK Foreign Office has announced a new round of Russia-related sanctions, saying certain crypto platforms may have helped Russia evade sanctions, according to CoinDesk.
The sanctioned entities include Xeltox Enterprises, which operates Cryptomus, Heleket and Certa Payments, along with Kyrgyz exchange TokenSpot and payment platforms Processing KG and Tsunami Payments. UK authorities said two of those entities had previously processed transactions linked to the A7A5 network.
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