May 27, 2026

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UK cracks down on backdoor Russian sanctions evasion with tough new measures

gov.uk

The UK government announced new sanctions targeting crypto and illicit finance networks used by Russia to evade UK sanctions, including the Kremlin-backed A7 network exploiting Kyrgyzstan’s financial systems to fund Russia’s war economy. This move intensifies pressure on Russia’s economy and war efforts amid declining growth forecasts. The UK leads international efforts to adapt sanctions and disrupt payment routes supporting Russia’s military actions in Ukraine.

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