Zelensky Signed Sanctions Against Russian Cryptocurrency Schemes Worth Billions of Dollars.
Zelensky Signed New Sanctions Against Russian Financial Schemes
President of Ukraine Volodymyr Zelensky signed new sanctions against Russian financial schemes, including cryptocurrency operations, on July 6, 2025. According to him, Russians have used cryptocurrency due to the blocking of traditional financial channels.
Russians use cryptocurrency when traditional financial chains are blocked.
The new sanctions concern 60 legal entities and 73 individuals from Russia. Ukraine also plans to coordinate these measures with other European and important global jurisdictions. The implementation of European sanctions against Russia in the Ukrainian jurisdiction is scheduled for next week, as well as synchronization of Ukrainian sanctions with the European Union. At the same time, active military actions continue in the Donetsk, Sumy, and Kharkiv regions, including the Pokrovsk direction.
The new sanctions against Russian financial schemes, including cryptocurrency operations, signed by Ukrainian President Volodymyr Zelensky, aim to limit financial support from Russia and ensure the security of the country amid the military conflict in the east.
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