Japan Sanctions Garantex Over Russian Ties

Japan has added Garantex to its list of Russia sanctions over the Ukraine war. The decision was made by Japan's Ministry of Finance, citing the need to comply with international sanctions against Russia. Garantex is a cryptocurrency exchange that was previously sanctioned by the US and EU.

The move comes as part of Japan's efforts to support Ukraine in its conflict with Russia. Japan has been increasing its diplomatic and economic pressure on Russia since the start of the war. The sanctions are intended to prevent Russian entities from accessing international financial systems, including those that use cryptocurrencies like Garantex.