In a challenging step, Ukraine strikes the encryption methods that nourish Russia war machine. The European -torn European country launched a dramatic war A wave of penalties It is designed to strangle the digital pipelines that feed the military campaign for Russia.
President Voludmir Zelinsky signed Decree No. 465/2025Effectively freezing assets and prohibiting the operations of 60 CheckPers – 55 headquarters in Russia and five spread across Cyprus, Kazakhstan and the United Arab Emirates.
This comprehensive procedure aims to send a strong message: Crypto will not be a safe haven for money that contradicts displacement.
The penalties extend to miners and exporters in exchange
According to the decree, five Encryption Exchanges are accused of transferring money to the approved Russian entities. Nine fourteen mining processes were caught for the conservative coins associated with the individuals who have been approved.
Ukrainian President Zellinski has the penalty of 60 companies that help evade Russia by encryption, including 55 from Russia and other Cyprus, Kazakhstan and the United Arab Emirates. This step targets mining, exchange and payment companies, as Ukraine seeks to prevent Russia’s growing use of …
– Wu Blockchain (Wublockchain) July 7, 2025
Seventeen platforms are now prohibited with digital assets already under the restrictions of the United States in Ukraine. 19 other companies – a manufacturer of payment stations to brokers who arrange the transfer of international assets – frozen interface assets and prohibition of activity.
Ukraine did not stop in companies. The sanctions list also calls 73 individuals, and all Russian citizens, including high central bank officials.
According to reports by the National Security Council and Defense in Ukraine, these measures will be shared with allies such as the European Union and the United States. In this way, they can reverse the ban and tighten the grip on every channel that Russia uses.
Coordination with allies aims to close the gaps
Vladislav Flasyuk, a sanctions policy in Ukraine, said that Kiev will urge its partners to adopt matching rules. The goal is to close every vulnerability that Russia uses to finance its army.
Zelenskyy revealed that an individual company has transported “several billion dollars” since January to support the Russian Military Military Complex. This number explains why digital channels have become decisive for players with penalties.
The new stablecoin highlights increasing risks
Based on reports before Financial times And the center of information flexibility, the use of encryption in Russia is high. A new Stablecoin transfer called A7A5, tied to Ruble, more than 9 billion dollars in only four months on ExchandE Grinex.
More than 12 billion A7A5 symbols are now floating in trading, supported by about $ 156 million in the reserves held in Bromsiazbank, which was canceled. Only a few wallets that dealt with most of this folder explain how a small group can direct huge sums.
Meanwhile, five non -Russian companies also designed the menu: Taken Trust Holdings Limited in Cyprus, EXMO RBC Limited in Kazakhstan, AWX Solutions, Crypto Explorer DMCC in the United Arab Emirates, and Bitpapa IC FZC in the United Arab Emirates.
All five are already under the restrictions of the United States. Their inclusion highlights how sanctions depend on evasion often on a global network of service providers.
Distinctive image from Unsplash, tradingvief chart
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2025-07-08 06:00:00
