[2025-07-27] The latest IT, economic, blockchain and coin news
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2025-07-27 | Curator: CryptoTerminal
Russian Entities Using Kyrgyzstan’s Crypto Industry to Evade Sanctions: Report
Russian individuals and groups are using Kyrgyzstan’s cryptocurrency ecosystem to evade international sanctions, according to research from UK-based blockchain intelligence firm TRM Labs. Publishing its findings in a blog, TRM Labs reported that Kyrgyzstan appears to be serving as a front for cryptocurrency platforms and services linked to Russian exchange Garantex, which was shuttered in March after an international operation.
New TRM analysis shows how Russia is turning to Central Asian natio...