President of Ukraine Volodymyr Zelenskyi, at the request of the National Bank, signed a new sanctions package aimed at countering Russian financial schemes, particularly in the field of cryptocurrencies.
According to the head of state, this package is consistent with the sanctions of international partners and includes Ukrainian initiatives:
“Only through one company, which is now on the sanctions list, and only since the beginning of this year, that is, before the sanctions, the Russians have spent several billion dollars, and it is mainly for the needs of their military industry. Of course, we will stop all schemes. Now, when the usual financial ways for Russia are blocked in many places, they are switching to crypto-currency settlements.”
The restrictions apply to 60 legal entities and 73 individuals — citizens of the Russian Federation. Zelenskyy emphasized that for each company and person, Ukraine will work with partners to coordinate sanctions under different jurisdictions.
“This is not an easy job: sanctions rules differ around the world, but we all have a common goal — to force Russia to end the war and limit its potential as much as possible. Sanctions are already depriving Russia of its future and should significantly complicate the daily life of the Russian system.” Zelenskyi said.
The president also announced that “new decisions” are being prepared next week, both Ukrainian and regarding synchronization with EU sanctions.
“All European packages against Russia must be implemented in Ukrainian jurisdiction. Just like our Ukrainian sanctions in the European Union.” – noted Zelensky.
In the Office of the President clarifiedthat 60 legal entities are included in the sanctions list. Among them are the largest Russian “cryptocurrency miners”, operators of information systems that issue digital financial assets, financial intermediaries and crypto exchanges that help Russian users convert currency and bypass restrictions. It is reported that 55 of these companies are registered in Russia, three in the United Arab Emirates, one each in Kazakhstan and Cyprus.
