UK sanctions targeting cryptocurrency networks linked to Russia

Roger Gherson, Senior Partner at Gherson Solicitors LLP, comments in The Legal Diary on the UK Government’s latest sanctions package, targeting cryptocurrency networks and financial institutions linked to Russia.

“The most recent package of sanctions targets financial institutions and crypto networks demonstrating that the UK Government remains fully committed to using this largely political tool to restrict those alleged to be associated with Russia.

With the failure of the UK courts to act to protect the rights of individuals we see no immediate easing of this draconian application of the sanctions regime and its use as a “quick fix” political win to distract the public from the hard political decisions the Government needs to make to try and bring back economic growth to a country sinking into oblivion because of its mistakes.“

Featured in:

• Edward Fennell’s LEGAL DIARY – The Legal Diary
• UK targets Russian sanctions evasion in digital asset sector – Coin Geek

©Gherson 2026