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UK Sanctions Crypto Platforms Over Suspected Links to Russian Finance Networks

CoinGape·October 8, 2026·1 min read
UK Sanctions Crypto Platforms Over Suspected Links to Russian Finance Networks

The United Kingdom imposed new sanctions on cryptocurrency platforms suspected of helping Russia evade international financial sanctions. Announced on October 8, the measures target three crypto exchanges, two payment platforms, and one individual, including Xeltox Enterprises. The sanctions aim to disrupt Russian finance networks using digital assets.

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