- EXMO-80Negative
Wu Blockchain (@WuBlockchain)
UK Sanctions Crypto Exchanges for First Time Under Russia Regime The UK government on May 26 sanctioned several crypto-related firms, including Bitpapa IC FZC LLC, Exmo Exchange Limited, Aifory LLC and Rapira Group LLC, accusing them of providing financial services, funds or economic resources to A7 Limited Liability Company. The move is part of a wider UK crackdown on Russia sanctions-evasion networks, also targeting Garantex Europe OU, banks and related companies. Blockchain analytics firm Elliptic said this marks the UK’s first use of the relevant Russia sanctions regime against crypto exchanges.