Ukrainian President Volodymyr Zelenskyy has signed a new sanctions package aimed at disrupting Russia’s reliance on digital assets to finance its war effort
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.
Zelenskyy said the initiative synchronizes with forthcoming European Union actions and is intended to close loopholes as traditional banking routes tighten. Kyiv plans to review each designation with international partners to ensure alignment of restrictions and hinted at additional, coordinated sanctions in the coming weeks.
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