UK Sanctions the Justin Sun HTX Exchange: What Next?

UK authorities are ramping up their pressure on Russia with a fresh sanctions package targeting over a dozen individuals, crypto networks, and firms used to bypass the country’s sanctions. Related Reading: Polymarket Faces Ban In Indonesia Amid Growing Global Crackdown Russia-Linked Crypto Firms Hit With New Sanctions On Tuesday, the UK’s Foreign, Commonwealth & Development […]

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.

Increased currency hedging by firms highlights a shift towards risk aversion, impacting profit margins and underscoring crypto's limited adoption. The post MillTech survey shows US and UK firms ramping up currency hedges amid Iran war volatility appeared first on Crypto Briefing.

The UK's crypto sanctions signal a stricter regulatory landscape, potentially reshaping global compliance and impacting crypto markets. The post UK imposes new sanctions on Russian crypto and uranium trade appeared first on Crypto Briefing.

The UK's sanctions on HTX highlight increasing regulatory scrutiny on crypto exchanges, potentially reshaping global crypto compliance norms. The post UK sanctions Huobi Global S.A. for ties to Russia sanctions-evasion networks appeared first on Crypto Briefing.

British financial institutions are now barred from doing business with the exchanges—and may face penalties for interacting with crypto transactions that pass through them.

Britain has imposed sanctions on several crypto-related firms and financial networks linked to Russia, including entities registered in the United Arab Emirates and Georgia, as part of a new crackdown on sanctions evasion tied to Moscow’s war economy. According to…

The UK's sanctions highlight the increasing global effort to curb illicit financial networks, potentially reshaping international crypto regulations. The post UK sanctions A7 network and crypto exchanges over $1.5 billion in Russian war funding appeared first on Crypto Briefing.