UK Sanctions 18 Crypto Firms Tied to Russia’s $90B War Network

The UK has sanctioned 18 crypto platforms, banks and financial networks tied to the Kremlin-backed "A7" payment network, alleging they processed more than $90 billion in 2025 to fund Russia’s invasion of Ukraine. This action highlights increased regulatory and AML scrutiny on crypto, CEX and DeFi channels and raises security and compliance risks that could tighten KYC, liquidity and cross-border flows.