Britain targets Kyrgyz financial institutions, crypto networks aiding Kremlin

Britain targets Kyrgyz financial institutions, crypto networks aiding Kremlin


The UK has imposed new sanctions on Kyrgyz financial institutions and crypto networks accused of helping Russia evade restrictions. The UK imposed sanctions on Kyrgyz financial institutions and crypto networks accused of aiding Russian sanctions evasion, war funding, and ransomware activities. The Record Media reported that sanctions minister Stephen Doughty warned Moscow is using “dodgy crypto networks” to fund the Ukraine war, stressing the measures aim to tighten pressure on Putin and disrupt illicit financial channels supporting his war chest.

Author: Pierluigi Paganini


Published at: 2025-08-20 22:37:17

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