Crypto miners in Moscow face new threat as Russia tightens rules

The post UK Targets HTX Affiliate as Report Flags $7.6B Suspicious Crypto Flows appeared on BitcoinEthereumNews.com. The UK sanctioned 18 entities connected to the “A7” network, while blockchain analytics firms Global Ledger and TRM Labs reported billions of dollars in Russia-linked crypto flows involving HTX. The sanctions include asset freezes and restrictions on British firms processing related transactions. HTX Denies Russia Sanctions Claims HTX pushed back against allegations tied to a new UK sanctions package after the British government accused affiliate Huobi Global S.A. of helping facilitate billions of dollars in transactions linked to Russia’s shadow financial network. The dispute started after the UK Foreign, Commonwealth and Development Office (FCDO) announced sanctions against 18 entities allegedly connected to the “A7” network, which authorities claim has been used to help Russia evade financial restrictions imposed following the war in Ukraine. According to the UK gover

Crypto exchanges face new U.K. enforcement pressure after Britain targeted Russia-linked sanctions-evasion networks using digital assets. The package names 18 exchanges, banks, payment providers, corporate entities, and individuals tied to crypto and financial channels. Crypto Exchanges Face UK Regulation 17A Action Britain announced on May 26 a sanctions package aimed at crypto routes used to […]

The bill requires companies like OpenAI, Anthropic, and Google to have third parties confirm they’re following safety standards. Illinois Governor JB Pritzker says he’ll sign.

HTX denies UK sanctions allegations after the Foreign Office accused affiliate Huobi Global S.A. of funnelling $1.5 billion to Russia. HTX denies UK sanctions allegations after the Foreign Office accused affiliate Huobi Global S.A. of funnelling $1.5 billion to Russia.…

UK sanctions Huobi Global S.A., operator of HTX, over alleged role in Russia’s “A7” shadow network, as new analysis claims the exchange handled billions in high‑risk flows.

UK sanctions crypto firms linked to Russian networks while HTX says operations remain safe and unaffected by recent actions. The UK government expanded its crackdown on Russia-linked financial networks on May 26. Multiple crypto businesses were sanctioned as part of the Russian sanctions. The UK’s first use of these sanctions powers against crypto exchanges. UK […] The post UK Cracks Down on Russia-Linked Crypto Firms and Exchanges appeared first on Live Bitcoin News.

Wall Street’s semiconductor-driven surge is fueling fresh momentum for crypto miners betting their power-heavy infrastructure can support the AI boom.

Formerly Huobi Global, the exchange is the latest entity to be named as part of a crackdown on companies “exploited by Russia to circumvent UK sanctions.”