Japan Imposes Additional Sanctions on Russia, Targeting Groups Using Crypto Assets to Evade Financial Sanctions

The Japanese government has decided to impose additional sanctions on Russia during a cabinet meeting, prohibiting the provision of operational, maintenance, insurance, and financing services to 35 vessels involved in the secret transportation of crude oil, referred to as the "shadow fleet." Additionally, 33 Russian military-related groups and 9 individuals have been newly added to the asset freeze list, including those involved in using crypto assets to evade financial sanctions.

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