Ukraine has imposed sanctions on 60 cryptocurrency companies accused of helping Russia evade international sanctions. The move, reported by UBlockchain, targets firms believed to be facilitating the flow of funds and enabling Russia to circumvent restrictions imposed due to the ongoing conflict. The majority of the sanctioned entities are based in Russia, with a significant portion, 19 in total, operating as cryptocurrency mining firms. An additional five are cryptocurrency exchanges, suggesting a focus on platforms that enable the conversion and movement of digital assets. The sanctions include asset freezes within Ukrainian territory and a comprehensive ban on conducting economic activities within Ukraine. This aims to disrupt the operations of these companies and prevent them from further assisting Russia in circumventing sanctions using cryptocurrency. The Ukrainian government's actions highlight the growing concern over the use of crypto to bypass international regulations. ```