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.