Regulation· ★★★· bearish·

Japan adds crypto exchange Garantex to asset freeze list in new Russia sanctions

  • —Garantex added to Japan's asset freeze list
  • —Package targets 33 entities and nine individuals
  • —Service and financing curbs imposed on 35 vessels
  • —Garantex was previously sanctioned by the US, EU and others
Why it matters: Sanctioning Garantex narrows channels for evading restrictions via crypto exchanges and tightens pressure on Russia's crypto infrastructure.
Source: DiarioBitcoin