UK targets Putin’s cryptocurrency networks in latest sanctions
The UK has announced new sanctions targeting cryptocurrency networks used by Russia to fund its war efforts. These sanctions specifically focus on the 'A7 network' and cryptocurrency exchanges that facilitate financial transactions for the Kremlin. Foreign Secretary Yvette Cooper emphasized the UK's commitment to disrupting the financial systems supporting Russia's aggression.
- ▪The new sanctions aim to shut off funding to Russia's war effort.
- ▪They target cryptocurrency exchanges and the 'A7 network' used by Russia to evade restrictions.
- ▪The sanctions include 18 designations that will take effect immediately.
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NewsUKUK PoliticsUK targets Putin’s cryptocurrency networks in latest sanctionsThe department said the A7 gang was using a Kyrgyz bank suspected of facilitating payments Rich Booth Tuesday 26 May 2026 13:35 BSTBookmarkCommentsGo to commentsBookmark popoverRemoved from bookmarksClose popover{"translations":{"comments":"Go to comments","share":"Share","copyLink":"Copy link","bookmark":"Bookmark","removeBookmark":"Remove bookmark"},"showComments":true,"showBookmark":true,"articleId":"b2983646","articleMeta":{"url":"https://www.independent.co.uk/news/uk/politics/a7-network-crypto-currency-russia-b2983646.html","title":"UK targets Putin’s cryptocurrency networks in latest sanctions"}}open image in gallery{"id":"trigger-autogallery-57544","index":0}Russia's President Vladimir Putin…
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