The United States has intensified its sanctions against Russia by targeting 20 individuals and entities, including Russian financial institutions, in a bid to restrict Russia's access to the international financial system. This move is part of the ongoing efforts to curtail Russia's war efforts against Ukraine. The Treasury Department specifically sanctioned providers of digital financial assets, highlighting that many of the designated entities offered services that facilitated the evasion of sanctions. Additionally, a fresh round of sanctions was imposed on 13 fintech firms and two individuals linked to Russia. This series of sanctions also includes stringent export control restrictions targeting a large number of parties already sanctioned by the Office of Foreign Assets Control (OFAC).