Japan sanctions groups using crypto to evade financial restrictions
- —Japan banned services for 35 vessels in Russia's shadow fleet
- —33 entities and 9 individuals added to the asset freeze list
- —New designations include groups using crypto to evade sanctions
Why it matters: Tightening sanctions on crypto-based evasion channels raises regulatory risks for exchanges and services handling Russian clients.
Source: PANews
More on this
Regulation · 00:59US Sanctions Hamas, Japan Restricts Russian Crypto Exchange
Regulation · Sep 23Kremlin-linked A7 network moved $6.9B through banks and crypto to evade sanctions
Regulation · Sep 22Iran's most notorious sanctions evader returns with crypto exchanges and gold-backed tokens