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#Russia sanctions

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KuCoin Exits Russia and Belarus as Crypto Exchanges Pull Out of Western-Sanctioned Markets
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KuCoin Exits Russia and Belarus as Crypto Exchanges Pull Out of Western-Sanctioned Markets

Key Highlights: KuCoin has ceased all products and services for users located in Russia and Belarus with immediate effect. The trading platform attributed the sudden exit to general legal and regulatory compliance requirements. KuCoin joins competing exchanges MEXC and Bitget amid intensifying Western sanctions targeting crypto-based financial flows. Major cryptocurrency exchange KuCoin has officially terminated ...

Japan’s Ministry of Foreign Affairs Imposes Asset Freeze on Garantex
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Japan’s Ministry of Foreign Affairs Imposes Asset Freeze on Garantex

Key Highlights: Japan has enforced targeted sanctions against Russian cryptocurrency exchange Garantex under the Foreign Exchange and Foreign Trade Act, freezing assets and requiring permits for payments and financial arrangements. Despite previous international crackdowns and domain seizures by the U.S. Secret Service, Garantex processed more than $96 billion overall, including over $60 billion after initial ...

Japan Sanctions Crypto Exchange Garantex over Russia’s War in Ukraine
Coins•

Japan Sanctions Crypto Exchange Garantex over Russia’s War in Ukraine

Key Highlights: Japan expands sanctions against Russia by imposing asset freezes on 33 organizations, nine individuals, and targeting 35 “shadow fleet” oil vessels. New regulatory restrictions prohibit maritime services, including insurance and repairs, to curb Moscow’s lucrative crude oil revenue. Blockchain intelligence findings highlight challenges in sanction enforcement, noting crypto platforms like Garantex deploy contingency ...