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U.S. Sanctions 3 Cryptocurrency Exchanges for Helping Russia Evade Sanctions

Written By Tuesday, 26 March 2024 Add Comment



March 26, 2024 at 02:01PM

The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) sanctioned three cryptocurrency exchanges for offering services used to evade economic restrictions imposed on Russia following its invasion of Ukraine in early 2022. This includes Bitpapa IC FZC LLC, Crypto Explorer DMCC (AWEX), and Obshchestvo S Ogranichennoy Otvetstvennostyu Tsentr Obrabotki Elektronnykh Platezhey (

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