The United Kingdom has imposed sanctions on Xinbi Guarantee, a major Chinese-language online marketplace that has become a critical hub for cryptocurrency scam laundering and illicit services. This action, announced on March 26, 2026, by the Foreign, Commonwealth & Development Office (FCDO), marks the first time a nation has targeted such a platform under its Global Human Rights sanctions regime. Blockchain analytics firm Chainalysis reports Xinbi processed over $19.9 billion