Cryptopolitan news says that, Ukraine has sanctioned 60 crypto companies, including 55 Russian entities, for helping Russia move funds in crypto assets. President Volodymyr Zelenskyy reportedly signed the decree sanctioning the companies.
According to Decree No. 465/2025, Ukraine’s National Security and Defense Council is applying “personal special economic and other restrictive measures (sanctions)” on these entities. This will translate into asset freezing and a ban on the economic activity of the entities.
The country will also inform its allies, including the European Union and the US, to apply similar restrictions on the entities. Ukraine’s commissioner for Sanctions Policy, Vladyslav Vlasiuk, provided more information on the affected entities, noting that five crypto exchanges helped Russian entities evade sanctions.
Interestingly, the five non-Russian entities on the sanctioned list are also under restrictions from the US. These entities include Token Trust Holdings Limited in Cyprus, EXMO RBC Limited in Kazakhstan, AWX Solutions, Crypto Explorer DMCC, and Bitpapa IC FZC in the UAE.
According to a report by Financial Times, a new stablecoin pegged to the Russian ruble, A7A5, has moved $9.3 billion in just four months after its launch on Grinex crypto exchange. The stablecoin was launched in Kyrgyzstan by fugitive Moldovan Oligarch Ilan Sor with its reserve assets on a Russia-based and US-sanctioned bank, Promsvyazbank.
The Centre for Information Resilience (CIR) report noted that more than 12 billion tokens are in circulation, worth around $156 million, and just a few users are moving funds around with them.
Indonesia will sanction companies for environmental breaches at nickel industrial park
