UK sanctions three crypto service providers over alleged Russia sanctions evasion

The UK has announced sanctions on crypto service providers Cryptomus, Heleket and TokenSpot as part of a crackdown on alleged Russian sanctions evasion, The Block reported. Among them, TokenSpot transferred more than $950 million to sanctioned exchanges Grinex and Garantex, as well as the Kremlin-backed A7 network, according to the report.