📰 News27 May 2026·3 min read·
UK sanctions Huobi and ruble stablecoin issuer in crackdown on Russia crypto networks
Source: CoinDesk
The UK applied banking-style sanctions to crypto exchanges for the first time, targeting Huobi and a ruble stablecoin issuer as part of a crackdown on Russia-linked crypto networks. UK financial firms are now required to freeze funds and trace transactions.
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