The UK government has announced intensified measures to combat sanctions evasion and crack down on cryptocurrency networks exploited by Russian actors. In a move underscoring growing concerns over illicit financial flows, officials are targeting the sophisticated use of digital assets to bypass international restrictions imposed amid ongoing geopolitical tensions. This coordinated effort aims to close loopholes that have allowed sanctioned entities to continue operations, signaling a robust commitment to enforcing economic penalties and safeguarding global financial integrity.
UK Intensifies Measures to Combat Sanctions Evasion Linked to Russian Entities
The UK government has rolled out a series of robust actions aimed at closing loopholes exploited by Russian entities to bypass international sanctions. Authorities are focusing on increased surveillance of financial transactions, enhanced cooperation between regulatory bodies, and aggressive enforcement against networks…
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Author : Samuel Brown
Publish date : 2025-08-21 16:26:00
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