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Japan Adds Russian Crypto Exchange Garantex to Sanctions List

  • Japan has formally designated Garantex, a Russia-based cryptocurrency exchange, as a sanctioned entity.
  • The action follows earlier sanctions and enforcement actions against Garantex by the United States, European Union, and other allies over alleged sanctions evasion and illicit finance.
  • The listing bars Japanese persons and institutions from engaging in transactions with Garantex, reinforcing international pressure on crypto platforms linked to Russia.

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