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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
Read full articleAave Labs subsidiaries Push Labs Limited and Push Virtual Assets Limited have received approval from the UK Financial Conduct Authority to operate as registered cryptoasset exchange providers in the country. According to an announcement shared with crypto.news, the registrations add…
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 […]
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.…
Russian officials have moved closer to a long-term shutdown of crypto mining in Moscow and nearby regions as lawmakers have advanced a separate bill to jail unregistered miners. According to TASS, Deputy Energy Minister Evgeniy Grabchak said a government commission…
The regulatory costs could centralize Solana's network, impacting its decentralization and increasing vulnerability to policy shifts. The post UK Solana validators face up to $200K in regulatory costs by 2026 appeared first on Crypto Briefing.
UK Sanctions HTX Exchange: Is Your Crypto Safe? The post UK Sanctions the Justin Sun HTX Exchange: What Next? appeared first on 99Bitcoins.
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 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 […]
