The head of the Roman Abramovich foundation says the United Kingdom is blocking the foundation’s salary because of a disagreement over the distribution of humanitarian aid linked to Abramovich’s £2.5 billion frozen assets, which were seized under UK sanctions related to the war in Ukraine.
The Greek government is opposing new EU sanctions against Russia to protect Dynagas, a major Greek shipping company owned by George Prokopiou that specializes in transporting liquefied natural gas cargo from Russia’s Arctic LNG operations.
Russia’s Central Bank announced plans to rollout its digital ruble on September 1. EU authorities have already preemptively sanctioned Russia’s digital ruble in 2025 as part of measures responding to Russia’s war against Ukraine.
Huobi Global S.A., operator of the HTX cryptocurrency exchange, has been sanctioned by the UK over allegations of facilitating Russia-linked financial flows through a shadow network known as ‘A7’. New analysis indicates the exchange processed approximately $7.6 billion in high-risk Russia-linked transactions.