Japan Imposes New Sanctions on Russia, Adds Crypto Exchange Garantex to Asset Freeze List

On October 2, the Japanese government announced a new round of sanctions against Russia, designating 33 entities and nine individuals—including Russian cryptocurrency exchange Garantex—under an asset freeze list that restricts payments and capital transactions with the targeted parties. Japan concurrently introduced service and financing restrictions targeting 35 vessels within Russia's "shadow fleet." Garantex was previously sanctioned by the United States, the European Union, and other jurisdictions for allegedly helping Russian entities evade financial sanctions. — link