UK Sanctions Crypto Trading Platforms Linked to Russia
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AI-assisted source synthesis · not an independent investigation.
On October 9, 2026, the United Kingdom announced sanctions comprising 38 new designations, adding three cryptocurrency exchanges, multiple payment platforms, and related individuals to its sanctions list. The UK Foreign Office said that some of the sanctioned targets had processed or assisted transactions involving the A7 network, which operates the ruble-linked stablecoin A7A5. Under the measures, the assets of designated entities in the UK will be frozen, and UK financial institutions will be prohibited from processing payments involving certain related companies. The UK said these targets were suspected of assisting Russia in evading sanctions.
AI-written from reports · updated 10 days ago
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- CoinDeskSelectedUK sanctions three crypto exchanges and multiple payment platforms linked to Russia
The UK has added three cryptocurrency exchanges, multiple payment platforms and related individuals to sanctions measures comprising 38 new designations, saying they are suspected of helping Russia evade sanctions. The UK Foreign Office said some of the targets had processed or assisted transactions involving the A7 network, which operates the ruble-pegged stablecoin A7A5. The UK assets of designated entities will be frozen, and UK financial institutions will be prohibited from processing payments involving some of the related companies.