Venezuelan political critics and activists have warned that President Nicolás Maduro and his government are increasingly turning to cryptocurrency transactions as a method to evade international sanctions. This follows the U.S. reinstating gold…
#Bitcoin #Stalls #Threat #Crypto #Sanctions #Arise source
#WORLD #GOVERNMENT #Merging #Monero #Bitcoin #FEDCOIN #Crypto #Sanctions source
The Office of Foreign Assets Control (OFAC) has escalated its enforcement efforts by tightening its grip on individuals and entities operating within the financial services and technology sectors in Russia, particularly those involved…
United States District Judge Robert Shelby has cautioned the Securities and Exchange Commission (SEC) lawyers, hinting at possible sanctions due to purportedly deceptive statements in a legal action against Digital Licensing Inc., also…
The United States Department of Treasury sanctioned three individuals who helped the notorious hackers Lazarus Group to process the conversion of stolen cryptocurrency to fiat, allegedly for the funding of the Democratic People’s…
#Lack #Cryptocurrency #Regulation #Leaves #Opportunity #Russians #Evade #Sanctions source
In compliance with U.S. sanctions law, OpenSea – the world’s largest NFT marketplace – is delisting Cuban artist and collector accounts from its platform. A recent statement from the company confirms previously held…
Us Treasury continues its fight against malicious foreign actors. The United States Department of the Treasury, an executive agency responsible for promoting economic prosperity and ensuring the financial security of the country, has…
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…
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…
Kraken CEO Jesse Powell denounced the U.S. government’s ban on crypto transaction privacy tool Tornado Cash as “unconstitutional.” Speaking to Bloomberg on Tuesday, he said that “people have a right to financial privacy,”…
United States-based crypto policy advocacy group Coin Center said it intended to “pursue administrative relief” for individuals affected by Tornado Cash sanctions imposed by the Treasury Department’s Office of Foreign Asset Control, or…
In the week following the sanctioning of the Tornado Cash website by the U.S. Treasury Department’s Office of Foreign Assets Control (OFAC), the price of the token underpinning the system is down 56%,…