UK designates cryptoasset exchanges including HTX in sweeping new sanctions package targeting Russia
Today, the United Kingdom announced one of its most expansive cryptoasset-focused sanctions packages to date. For the first time, the UK has applied Regulation 17A of the Russia (Sanctions) (EU Exit) Regulations 2019 to...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Today, the United Kingdom announced one of its most expansive cryptoasset-focused sanctions packages to date. For the first time, the UK has applied Regulation 17A of the Russia (Sanctions) (EU Exit) Regulations 2019 to cryptoasset exchanges, dramatically expanding the compliance obligations on UK virtual asset service providers (VASPs) and reshaping how digital asset firms must approach sanctioned counterparties.
Why this matters
This maps to the Regulation hub, so it can help confirm whether that theme is gaining breadth across the crypto news cycle.
Original source
Read on EllipticRelated market context
EU rethinks Russia sanctions strategy after Greece vetoes 21st package to protect shipping firms
The EU's shift to targeted sanctions could reduce veto power, impacting sectors like crypto, but may still allow influential state...
Russia’s Sberbank Sets December Deadline for Crypto Buildout: Report
Bitcoin Magazine Russia’s Sberbank Sets December Deadline for Crypto Buildout: Report Russia’s largest bank, Sberbank, will build...
31 newly discovered vulnerabilities expose 99% of x402 crypto payments to asset theft and free shopping
A new security study reported 31 previously unknown vulnerabilities across 15 major facilitators supporting x402, an HTTP-native s...
CLARITY Act Is Secret to Killing North Korean Lazarus Hacker Group, Says Lummis
Senator Cynthia Lummis has put national security at the center of her push for the Digital Asset Market Clarity Act, arguing the b...
‘To Protect Them’: Bank of Russia Governor Defends Controversial New Crypto Purchasing Caps
Bank of Russia Governor Elvira Nabiullina rejected the notion of a divide created by the recently passed Bill No. 1194918-8, which...
Russia’s Sberbank to launch crypto trading infrastructure this year
Russia’s biggest bank plans to create cryptocurrency trading infrastructure by Dec. 1 as the country is set to establish rules for...