0of 5,000

Help us find 5,000 new members. Bring one friend.

Share your personal link and make us stronger in 2027.

0 found so far

Goal 5,000

News Feed

Ukraine imposes sanctions on Russian financial, cryptocurrency schemes

• 1 min read
Ukraine imposes sanctions on Russian financial, cryptocurrency schemes
Volodymyr Zelensky, Ukraine's president, at a meeting on the Ukraine Compact during the NATO Summit in Washington, D.C., U.S., on July 11, 2024. (Chris Kleponis/CNP/Bloomberg via Getty Images)

Ukraine on July 6 imposed sanctions aimed at countering Russian financial schemes, including those involving cryptocurrency, President Volodymyr Zelensky announced in his evening address.

Restrictions were imposed on 60 legal entities and 73 Russian citizens.

The latest sanctions package includes Ukrainian-led initiatives and must also align with restrictions imposed by international partners, according to Zelensky.

Ukraine will continue working with its partners to coordinate sanctions across different jurisdictions in the future, he added.

Zelensky also announced that the Ukrainian government is set to unveil new measures next week, aimed in part at aligning with European Union sanctions against Russia.

"All European packages against Russia should be implemented in the Ukrainian jurisdiction. Just like Ukrainian sanctions in the European Union," Zelensky said.

At the end of June, Zelensky imposed sanctions on 52 Russian citizens, 34 Russian companies, and one Chinese entity involved in the production of Shahed drones and chip manufacturing machinery.

Drones have become one of the defining tools of the full-scale war, used extensively by both Ukraine and Russia for surveillance, long-range strikes, and tactical battlefield advantage.

Avatar
Kateryna Hodunova

News Editor

Kateryna Hodunova is a News Editor at the Kyiv Independent. She previously worked as a sports journalist in several Ukrainian outlets and was the deputy chief editor at Suspilne Sport. Kateryna covered the 2022 Olympics in Beijing and was included in the Special Mentions list at the AIPS Sport Media Awards. She holds a bachelor's degree in political journalism from Taras Shevchenko University and a master's degree in political science from the National University of Kyiv-Mohyla Academy.

Read more
News Feed
 (Updated:  )

Duka is a suspect in a sweeping investigation by the National Anti-Corruption Bureau (NABU) into scam call centers. The probe led to the ouster of Prosecutor General Ruslan Kravchenko, who fled Ukraine in September, and implicated senior officials in his office.

Show More