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Ukraine has imposed sweeping sanctions on Russian crypto miners, exchanges, and digital asset operators, accusing them of funding Moscow’s war effort. The move targets 60 firms and 73 individuals, including foreign entities facilitating sanctions evasion.
- Ukraine targets 60 firms and 73 individuals, including Russian crypto miners and exchanges, for allegedly funding the war.
- Foreign entities in Cyprus, Kazakhstan, and the UAE blacklisted for enabling Russian sanctions evasion via crypto.
- Chainalysis data shows $15.8 billion in crypto flowed to sanctioned jurisdictions in 2024, with Russia leading illicit transactions.
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