Tagged: Cryptomus

UK Announces Sanctions Against Cryptocurrency Platforms Tied to Russian Sanctions-Evasion Networks

The United Kingdom on 8 October 2026 added 38 new entries to its Russia sanctions list, with a portion of the package aimed at cryptocurrency exchanges and payment services suspected of helping Moscow route funds around existing restrictions. The Foreign, Commonwealth and Development Office said… Read More

Canada Fines Cryptomus Operator $176.9m for Money-Laundering Violations

Canada’s anti-money laundering regulator has imposed a record administrative monetary penalty of C$176.96 million ($130 million) on Xeltox Enterprises Ltd., the operator of cryptocurrency platform Cryptomus, for “egregious and systemic” violations of the country’s financial crime laws. The Financial Transactions and Reports Analysis Centre of… Read More

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