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UK ramps up sanctions against Russian shadow fleet, crypto industry

The U.K., the EU, and Ukraine have all targeted crypto schemes in recent sanctions packages as Russia uses the technology to evade existing sanctions.

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Lean Left

Britain has imposed sanctions against 38 companies and individuals associated with financing the Russian war <p>Britain has expanded sanctions against 38 companies and individuals associated with the Russian war. Oil companies were restricted, crypto exchanges and 12 “shadow fleet” tankers.</p>

·Kyiv, Ukraine
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On Thursday, the British government announced new sanctions against Russia aimed at Russian financial services and shadow fleet vessels.

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  • 50% of the sources lean Left, 50% of the sources are Center
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Європейська правда broke the news on Thursday, October 8, 2026.
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