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Ukraine Sanctions 60 Crypto Firms to Thwart Russian Funding

7/7/2025

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Summary

Story summary

Ukraine has taken a bold stand against evasion of international sanctions by sanctioning 60 cryptocurrency firms and 73 Russian citizens. President Zelenskyy revealed these measures, which freeze assets and prohibit economic activities, to dismantle Russian financial networks and strengthen global efforts to cut off funding for Russia's military operations.

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Story summary

Ukraine has taken a bold stand against evasion of international sanctions by sanctioning 60 cryptocurrency firms and 73 Russian citizens. President Zelenskyy revealed these measures, which freeze assets and prohibit economic activities, to dismantle Russian financial networks and strengthen global efforts to cut off funding for Russia's military operations.