UK forces crypto exchanges to report suspected sanction breaches
Crypto exchanges are now required to notify the UK authorities of any suspected sanctions violations under new regulations introduced in response to concerns that bitcoin and other cryptoassets are being used to dodge restrictions imposed in reaction to Russia's invasion of Ukraine.On August 30, official guidelines was revised to specifically include "cryptoassets" among the things that must be blocked if sanctions are placed on a person or business, reports The Guardian.Cryptoassets could include non-fungible tokens…