
U.S. Treasury Targets Iran’s Use of Crypto, Sanctions Two UK-Registered Exchanges
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EU moves to bar cryptocurrency flows to Russia as part of tougher sanctions
The European Commission is preparing a proposal to prohibit crypto transactions linked to Russia and to close routes through intermediary jurisdictions and successor platforms. The measure is part of a broader European push — paralleling tougher maritime and insurance scrutiny and recent law‑enforcement actions — to raise the operational cost of sanctions circumvention rather than just name-and-shame facilitators.

UK banking restrictions on crypto transfers are stalling the sector, UKCBC survey finds
A UK Cryptoasset Business Council survey of ten major exchanges finds widespread bank refusals and delays for transfers to regulated crypto platforms, estimating 40% of transfers are blocked or delayed. The report warns these practices hinder innovation, recommends clearer, risk‑based rules from regulators and banks, and highlights up to £1 billion in declined payments at a single exchange.



