UK imposes new sanctions on Russia’s crypto and shadow finance networks, including the Kremlin-linked A7 system and exchanges, to disrupt sanctions evasion and cut war funding to Ukraine

The press release announces 18 new designations aimed at Russia’s financial infrastructure, including cryptocurrency exchanges, A7-linked individuals, a Kyrgyz bank suspected of facilitating payments, and Georgian companies operating Russia-focused exchanges. The UK frames the package as part of its wider effort to disrupt sanctions evasion, cut off funding routes for Russia’s war economy and adapt its sanctions response to evolving shadow finance…