UK sanctions target Russia's crypto network to curb military funding
The UK government has imposed new sanctions on entities tied to Russia’s use of cryptocurrencies to bypass Western restrictions. In an Aug. 20 statement, UK authorities said Russia has turned to Ky...
Source: CryptoSlate
The UK government has imposed new sanctions on entities tied to Russia’s use of cryptocurrencies to bypass Western restrictions. In an Aug. 20 statement, UK authorities said Russia has turned to Kyrgyz financial institutions and opaque crypto channels to move funds through offshore networks. The UK named Kyrgyzstan’s Capital Bank and its director, Kantemir Chalbayev, […]