America Targets "Russian Entities"

The U.S. Department of the Treasury announced on Monday that it "imposed sanctions on Russian financial services companies, technology firms, and individuals for developing or providing digital asset services aimed at evading U.S. sanctions imposed on Russia due to its invasion of Ukraine." It clarified in a statement that "the Office of Foreign Assets Control imposed sanctions on 13 entities and two individuals in the latest round of sanctions targeting Russia's key financial infrastructure to prevent it from exploiting the global financial system to achieve its objectives in the Ukraine war." Sanctions were imposed on five entities because they are owned or controlled by individuals already sanctioned by the office.