Britain applied banking-style sanctions to crypto exchanges for the first time, requiring U.K. financial firms to freeze funds and trace transactions. The UK sanctioned 18 entities, including Huobi (HTX) and a stablecoin issuer, for helping Russia evade restrictions and finance its war in Ukraine. Britain applied banking-style sanctions to crypto exchanges for the first time, requiring U.K. financial firms to freeze funds and trace transactions. Sanctions target Russia’s "illicit financial infr…
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