UK sanctions Cryptomus and Heleket under single Xeltox designation
- —Xeltox Enterprises Ltd. is listed under ID RUS3755 alongside Cryptomus, Heleket and Certa Payments
- —Measures include asset freeze, correspondent-banking ban and payment-processing restrictions
- —Internet measure requires social media and app stores to block UK user access
- —FINTRAC fined Xeltox C$176.96 million on Oct. 16, 2025
Why it matters: Switching payment brands does not remove sanctions exposure: for UK merchants and customers, the operator's jurisdiction and control matter more than the checkout name.
Source: CryptoSlate