Ukrainian President Volodymyr Zelenskyy has signed a new sanctions package aimed at disrupting Russia’s reliance on digital assets to finance its war effort. The measures blacklist 133 Russian targets—73 individuals and 60 legal entities—accused of operating or facilitating cryptocurrency channels that move funds to Russia’s military-industrial complex.
The decree, prepared with the National Bank of Ukraine, blocks access to Ukrainian financial markets, freezes assets and prohibits technology transfers involving the listed parties. One sanctioned company allegedly routed several billion dollars in crypto transactions since the start of 2025, according to a presidential statement.
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