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Russia Targets Unlicensed Crypto Exchanges Linked to Ukraine

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Russia has taken steps to crack down on unlicensed cryptocurrency exchanges that it claims are linked to Ukraine.

The move comes amid rising tensions between Russia and Ukraine, with the Russian government accusing some crypto exchanges of facilitating financial transactions in support of Ukrainian interests.

CoinDesk could not confirm the exact number of exchanges targeted by the Russian authorities or whether any specific individuals have been named as suspects.

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