Update
UK Sanctions Designation Changes for Cryptomus and Heleket
The UK's sanctions notice on October 8, 2026, lists Cryptomus and Heleket as variations of Xeltox, under the same designation. This designation remains relevant even if the payment brands switch between each other. Separate Chainalysis tracing does not establish a connection between the brands and the cited HTX endpoint. The notice prohibits UK credit or financial institutions from establishing or continuing correspondent relationships with the designated person and from processing payments to, from, or through it. It also extends the measure to credit or financial institutions owned or controlled by that person. The UK government guidance distinguishes exceptions, which apply automatically when their defined conditions are met, from licenses giving written permission for otherwise prohibited activity. The notice also includes asset freeze, restrictions on trust services, director disqualification, internet-services sanctions, and correspondent-banking and payment-processing restrictions.