Japan adds Garantex to list of Russia sanctions over Ukraine war

Garantex was previously sanctioned by the US, the EU and other jurisdictions for helping Russian entities evade financial restrictions.

The Japanese government has expanded its sanctions against Russia, citing the continuing war in Ukraine.

These now include the Russian cryptocurrency exchange Garantex, under an asset freeze list that restricts payments and capital transactions with the targeted parties, according to a joint statement issued on Friday from Japan’s Ministry of Foreign Affairs, Ministry of Finance and Ministry of Economy, Trade and Industry.

Garantex was previously sanctioned by the US, the EU and other jurisdictions for helping Russian entities evade financial restrictions.

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