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EconomyUK hunts $86 billion Russia-linked crypto pipeline as it plans to double sanctions fines

Britain is broadening enforcement of Russia sanctions to the payment routes used by sanctioned networks. The National Crime Agency issued its first nationwide alert on the A7 network, urging financial and crypto firms to scrutinize intermediary wallets, cross-border infrastructure and other evasion signals. A proposed law would raise civil penalties to £2 million or 100% of a breach’s value, but legislation is still required.

United KingdomRussia sanctionscryptocurrencyfinancial crime

CCryptoSlate★★★☆☆2026-09-01 13:40Original

UK hunts $86 billion Russia-linked crypto pipeline as it plans to double sanctions fines
UK hunts $86 billion Russia-linked crypto pipeline as it plans to double sanctions finesEconomy