Daily Observation of Cryptocurrency Policies: The UK sanctions three major cryptocurrency entities including Cryptomus, TokenSpot is involved in the transfer of over 950 million USD and faces multilateral blockade
Released on October 9, 2026. The crackdown on the use of digital assets to circumvent international financial sanctions has further escalated. The UK government officially announced formal sanctions against three crypto entities, Cryptomus, Heleket, and TokenSpot, suspected of assisting Russia in evading sanctions. On-chain data from blockchain intelligence analysis firm TRM Labs shows that TokenSpot alone has transferred over $950 million to sanctioned exchanges Grinex, Garantex, and the officially backed A7 network. This significant enforcement action highlights the deep evolution of Western regulatory agencies in on-chain intelligence penetration and cross-border judicial collaboration.