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Japan has imposed sanctions on Russia, involving groups that participate in using cryptocurrency assets to evade financial sanctions

2026-10-04 13:36:46

According to a report by the Japan Economic News cited by Reference News, the Japanese government has decided to impose additional sanctions on Russia during a cabinet meeting. In principle, the Japanese government prohibits providing operational, maintenance, insurance, and financing services to 35 vessels in Russia's "shadow fleet," which secretly transports crude oil to evade Western sanctions.

In addition to the sanctions against the "shadow fleet," the Japanese government has also added 33 Russian military-related groups and 9 individuals to the asset freeze list, including groups involved in using cryptocurrency to evade financial sanctions.

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