Singapore sanctions 4 Russian banks, blocks crypto loophole

Asia financial hub calls Ukraine invasion 'clear violation of international law'

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Singapore has announced details of its sanctions on Russia -- aligning itself with many other countries. © Reuters

KENTARO IWAMOTO, Nikkei staff writer

SINGAPORE -- Singapore on Saturday announced sanctions against four Russian banks along with the Russian government, joining Japan, South Korea, Taiwan and many Western countries in pressuring Moscow over its invasion of Ukraine.

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