UK Targets Sanctions and Crypto Networks Exploited
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UK cracks down on Russia’s attempts to avoid sanctions by exploiting Kyrgyz financial systems and crypto networks, building on over 2700 existing UK sanctions against Russia.
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Action comes after the United States announced similar measures, demonstrating shared commitment to crack down on sanctions circumvention.
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With US-led talks ongoing, the UK and our allies remain united in pursuit of a just and lasting peace in Ukraine.
Today’s action comes as the UK and international allies redoubled efforts to secure a just and lasting peace in Ukraine.
With sanctions continuing to bite, Russia has turned to the Kyrgyz financial sector to channel money through opaque financial networks, including through the use of cryptocurrencies. These…
