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UK launches first-ever Russia sanctions against Crypto exchanges
May 26, 2026
< 1 min read
by Florence Muchai
for CryptoPolitan
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The UK government sanctioned 18 individuals and organizations to dismantle sanctions-evasion networks used by Russia, explicitly targeting crypto exchanges and firms moving funds to finance Russia's war machine. As the UK's first use of such measures against crypto actors, the move signals heightened regulatory scrutiny and compliance risk for CEXs, DEX-linked services and DeFi channels, with potential disruption to illicit fundraising and cross-border flows.
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The UK Government has sanctioned 18 individuals and organizations as part of an ongoing strategy to dismantle sanctions evasion mechanisms used by the Russian government. The measures include targeting crypto exchanges and other businesses involved in the flow of funds used to finance Russia’s war machine. These are the first-ever instances in which the UK...
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