The EU has slapped sanctions on crypto exchange HTX—formerly Huobi Global—joining 18 entities helping Russia evade financial restrictions in its Ukraine war. This follows UK sanctions earlier this year, as EU officials aim to cut off crypto-based funding routes to Moscow. HTX says compliance is top priority, while the EU simultaneously bans Belarusians from owning or managing crypto exchanges—showing how crypto platforms are now squarely in the crosshairs of global financial sanctions.
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