On May 25, 2026, the United Kingdom announced a new sanctions package targeting crypto services that, according to London, are helping Russia circumvent Western restrictions.
The sanctions list includes:
- HTX (Huobi Global S.A.) — one of the world’s largest crypto exchanges
- EXMO
- Bitpapa
- Rapira
- and 14 other organizations
According to the UK Foreign Office, over $90 billion passed through the so-called “A7 network” — which London refers to as “Kremlin‑backed” — over the past year.
Analytical firm TRM Labs reports that since 2021, more than $4.9 billion has flowed through the HTX exchange to sanctioned entities.
Any assets of these exchanges under UK jurisdiction will be frozen. British companies are now prohibited from conducting transactions with HTX and other organizations on the list.
What does this mean for UnionXbit clients?
We work only with trusted partners and have no involvement with sanctioned platforms. Our service:
- strictly follows AML policies
- screens transactions through GetBlock and other reliable services
- cooperates exclusively with “white” liquidity providers
- Your funds are completely safe. This news is another reason to choose reliable exchangers with transparent policies.
Our advice
If you use or have used the exchanges mentioned above, we recommend:
- being more careful when choosing services for crypto exchange and withdrawal
UnionXbit is always ready to help you safely exchange your crypto for rubles or other assets.
