The UK's Foreign Office has taken a significant step in its efforts to counter Russian aggression by imposing sanctions on several entities, including the Chinese cryptocurrency exchange Huobi. The measures are aimed at entities that have allegedly helped Russia evade economic pressure imposed by the international community in response to its ongoing invasion of Ukraine. According to sources, Huobi has been accused of facilitating transactions and providing financial services to Russian entities, allowing them to circumvent sanctions and continue operating in the global economy. The move is seen as a major escalation in the UK's efforts to isolate Russia and bring its leaders to account for their actions.
Foreign Office announces measures against Huobi among several entities it says helped Russia evade economic pressure