The UK Treasury has asked crypto trading platforms to report suspicious transactions evading sanctions on Russia

The UK Treasury's Office of Financial Sanctions Enforcement (OFSI) has ruled that cryptocurrency trading platforms must report to it any suspicious cryptocurrency transactions that may be used to evade sanctions on Russia or face criminal charges or financial penalties, Decrypt reported on September 5. Under the latest financial sanctions announcement, entities involved in, undermining Ukraine's sovereignty and supporting Russian authorities will have their funds and economic sources "frozen," the OFSI said.