BitcoinEthereumNews·
The post UK Sanctions Strike Russia-Linked Crypto Networks in Sweeping Crackdown appeared on BitcoinEthereumNews.com. Key Takeaways Britain sanctioned crypto exchanges, payment providers, and individuals linked to Russia-focused financial networks. Officials connected the A7 network to military procurement, oil proceeds, and cross-border settlement channels. Stablecoin infrastructure and exchange screening now face heightened scrutiny across U.K. crypto compliance operations. Crypto Exchanges Face UK Regulation 17A Action Britain announced on May 26 a sanctions package aimed at crypto routes used to move funds into Russia. The measures focus on exchanges, payment providers, stablecoin infrastructure, banks, and individuals tied to sanctions-evasion networks. The U.K. government said the package targets cryptocurrency channels and the A7 network, with the measures taking effect immediately. Crypto-related entities named in the package include EXMO Exchange Limited, Arvix Limited Liabili
Read full articleUS sanctions on Iran's tolls in the Strait of Hormuz highlight the growing role of digital assets in geopolitical conflicts. The post Scott Bessent warns Oman of US penalties for tolls in Strait of Hormuz, puts crypto payment channels on notice appeared first on Crypto Briefing.
Argentina’s proposed online gambling bill would restrict banks, payment firms and crypto providers from serving unauthorized betting platforms.
US sanctions on Iran's tolls in the Strait of Hormuz highlight the growing role of digital assets in geopolitical conflicts. The post Scott Bessent warns Oman of US penalties for tolls in Strait of Hormuz appeared first on Crypto Briefing.
The post Polymarket Tightens ID Checks Amid Sanctions Pressure Growth appeared on BitcoinEthereumNews.com. Polymarket tightens ID checks as regulators target sanctions gaps and offshore trading access risks. VPN use and routing tricks keep exposing gaps in Polymarket’s geo-blocking enforcement system. Rising prediction market volumes trigger U.S. probes into trading, identity checks, and compliance. Polymarket is tightening identity checks as regulators step up pressure on prediction markets over sanctions risks and offshore access concerns. The platform has come under closer scrutiny after reports showed users in restricted countries still managed to access markets using VPNs, bots, and other workarounds. According to The Information report, company documents show that Polymarket blocks users from countries including the United States, Russia, Iran, Germany, France, the United Kingdom, and the Netherlands. However, enforcement concerns continue growing as some users reportedly bypass
The post UK Targets Justin Sun-Controlled HTX Entity Over Russian Crypto appeared on BitcoinEthereumNews.com. The UK government has added Huobi Global SA, a Panama-based entity linked to the HTX crypto exchange, to its sanctions list over alleged involvement in Russian crypto transactions. According to the British Foreign Office, the company provided financial services to two entities already under UK sanctions: A7 Limited Liability Company, the issuer of the ruble-backed stablecoin A7A5, and Garantex Europe OU, the operator behind the crypto exchange later rebranded as Grinex. The ruble-backed stablecoin crosses $100B in transactions in 2026. Source: Elliptic. British authorities claim transactions worth more than $1.5 billion were processed through HTX infrastructure for individuals connected to those entities. Although Justin Sun was not personally sanctioned, the move places fresh scrutiny on his broader crypto network and HTX’s operations in Western markets. How Justin Sun Is Conn
The post Samsung Securities Acquires 2% Stake in Upbit Parent Dunamu appeared on BitcoinEthereumNews.com. Key Highlights Samsung Securities will invest nearly $204 million to acquire a 2% stake in Upbit parent company Dunamu. Upbit currently controls over 80% of South Korea’s crypto exchange market and reportedly serves more than 10 million users. The deal comes as South Korea expands crypto regulation and opens the door for greater institutional participation in digital assets. Upbit:- In a major crypto acquisition update, Samsung Securities has announced plans to acquire a 2% stake in Dunamu. Dunamu is the parent company of South Korea’s largest cryptocurrency exchange Upbit. According to local reports and company disclosures, Samsung Securities approved the investment through a board resolution. It will invest approximately 306.3 billion won (around $204 million) to purchase nearly 697,000 shares in Dunamu. The transaction values Dunamu at approximately 15.3 trillion won, or roughly
Aave Labs’ Push received FCA approval for “certain cryptoasset activities” in the UK, supporting its plans for regulated stablecoin on- and off-ramping.
Aave Labs' FCA registration enhances its regulatory credibility, potentially attracting institutional partnerships and expanding DeFi integration. The post Aave Labs secures FCA registration for Push subsidiaries in UK appeared first on Crypto Briefing.
