Sanctions Financial News

31.10 / 15:43

regulation sanctions EU crypto sanctions against Russia has an unexpected enforcer

The Monetary Exchange of Singapore (MAS), the country’s central bank and financial regulator, reminded all authorized cryptocurrency exchanges in the country to comply with financial sanctions in place toward Russia.

20.09 / 22:49

Government regulation sanctions Mixers Crypto mixers US Treasury official says crypto mixers are a 'concern' in enforcing sanctions

Elizabeth Rosenberg, the assistant secretary for terrorist financing and financial crimes at the United States Department of the Treasury, suggested sanctioning cryptocurrency mixers could help strengthen the government’s response to foreign entities looking to use digital assets for illicit means.

16.09 / 00:35

regulation sanctions Nazi Crypto Addresses US Treasury sanctions 5 crypto addresses connected to Russian neo-Nazi paramilitary group

The United States Department of the Treasury added five cryptocurrency addresses tied to a neo-Nazi group involved in Russia’s war on Ukraine to list of entities sanctioned by the Office of Foreign Asset Control.

15.09 / 18:25

sanctions U.S. Treasury us sanctions Now US Sanctions Addresses Associated With Iranian Military - Who’s Next?

The US Treasury Department's Office of Foreign Assets Control (OFAC) has placed sanctions on 10 individuals and two entities affiliated with the Islamic Revolutionary Guard Corps (IRGC) - an arm of the Iranian armed forces.

14.09 / 20:59

regulation sanctions US Treasury sanctions Iran-based ransomware group and associated Bitcoin addresses

The United States Treasury Department’s Office of Foreign Asset Control has added 10 individuals, 2 entities, and several crypto addresses allegedly tied to an Iranian ransomware group to its list of Specially Designated Nationals, effectively making it illegal for U.S. persons and companies to engage with them.

13.09 / 21:49

regulation sanctions NOT US Treasury clarifies publishing Tornado Cash’s code does not violate sanctions

The United States Department of the Treasury said “interacting” with cryptocurrency mixer Tornado Cash’s open-source code, with certain provisions, would not be in violation of sanctions imposed by the Office of Foreign Assets Control, or OFAC.

23.08 / 23:07

regulation SEC Action sanctions Rep. Emmer demands an explanation of OFAC’s Tornado Cash sanction from Sec. Yellen

United States Congressman Tom Emmer sent a four-page letter to Treasury Secretary Janet Yellen on Tuesday regarding the Treasury Department’s sanctioning of cryptocurrency mixer Tornado Cash on Aug. 8. In his letter, Emmer posed a series of questions that seek to clarify the position of the Treasury Department’s Office of Foreign Assets Control (OFAC).

08.08 / 23:53

regulation sanctions Tornado Cash reports Tornado Cash co-founder reports being kicked off Github as industry reacts to sanctions

Roman Semenov, one of the co-founders of Tornado Cash, has reported his account suspended at developer platform GitHub following the United States Treasury Department's to sanction the privacy protocol.

23.06 / 23:25

business sanctions us sanctions Uphold withdraws with Venezuela, citing US sanctions

Crypto trading platform Uphold said it will be withdrawing support for users in Venezuela due to sanctions imposed by the United States government.

31.05 / 19:47

Adoption regulation sanctions crypto law Russian central bank signals agreement with crypto law revisions: Report

First deputy governor of the Russian central bank Ksenia Yudayeva stated Tuesday that the bank is open to using cryptocurrency for international payments, Reuters reported, along with Russian media, which added that the bank was reconsidering its position on crypto mining as well. Yudaeva was quoted as saying:

27.05 / 19:01

Adoption Payments sanctions International Amid sanctions, Russia weighs crypto for international payments: Report

The Russian Federation is reportedly considering accepting cryptocurrencies for international payments in response to Western sanctions against the country that were prompted by its full-scale invasion of Ukraine earlier this year.

23.04 / 00:31

regulation sanctions US Treasury Dept sanctions 3 Ethereum addresses allegedly linked to North Korea

The United States Treasury Department has added three Ethereum wallet addresses to sanctions allegedly linked to the hacker group responsible for the theft of more than $600 million in crypto from nonfungible token game Axie Infinity’s Ronin sidechain.

28.03 / 14:27

regulation sanctions Japan plans to tighten crypto exchange regulation to enforce sanctions

Japan plans to amend its Foreign Exchange and Foreign Trade Act to bring crypto exchanges under the purview of laws that govern banks, a government official revealed on Monday. The proposed amendment is being carried out to prevent sanctioned countries from taking evasive actions using digital assets.

17.03 / 15:05

cryptocurrency Social Media sanctions Which tech companies are cutting ties with Russia over its war in Ukraine?

From social media giants to chipmakers and video game publishers, a growing number of tech companies are halting business with Russia in response to its invasion of Ukraine.

17.03 / 05:35

Blockchain sanctions end Internet Computer founder's $250M plan to help end the war in Ukraine

Internet Computer (ICP) and DFINITY founder Dominic Williams has conjured up an oddball plan to speed up the end of the Russian invasion of Ukraine via smart contracts and $250 million worth of crypto rewards.

15.03 / 07:43

regulation sanctions Blockchain forensics firm finds millions in sanctioned crypto wallet

Blockchain security and forensics firm Elliptic has been working with authorities to expose crypto wallets affiliated with sanctioned individuals or organizations.

08.03 / 17:53

cryptocurrency Social Media sanctions Which tech companies are cutting ties with Russia over its war in Ukraine?

From telecom equipment makers to social media giants and video game publishers, a growing number of tech companies are halting business with Russia in response to its invasion of Ukraine.

02.12 / 20:59

business education sanctions The Taliban will never understand crypto, according to founder of LEARN Afghanistan

Pashtana Durrani, the founder of an organization working to make education available to women and girls across Afghanistan as the country remains under Taliban rule, said the Islamic fundamentalist group has poor financial literacy, especially when it comes to crypto.

25.11 / 07:29

regulation sanctions Dollar Clinton: Regulate crypto to stop manipulation by Russia and China

Former Secretary of State HIllary Clinton has said that cryptocurrency markets need stronger regulations to protect against technological manipulation by Russia, China, and others.

09.11 / 00:55

Government regulation sanctions US officials seize $6.1M in crypto from ransomware actors, adds Chatex to sanctions list

The United States Department of the Treasury has announced it will impose sanctions on the cryptocurrency exchange Chatex and its support network for allegedly facilitating transactions for ransomware actors.

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