Search Results for "sanctions"
Robinhood Seeks Sanctions Investigators ahead of Self-Custody Crypto Wallet Launch
Robinhood is hiring more specialists to work in the finance crimes compliance unit as the platform may be broadening its offerings.
Kraken Under Probe for Allegedly Violating US Sanctions on Iran
The US Treasury Department is investigating Kraken on suspicion that the crypto exchange allowed Iranian users to use its trading platform despite federal sanctions on the middle eastern country.
US Treasury Imposes Sanctions on Iranian-Linked Ransomware Gang
The United States Treasury Department through the Office of Foreign Asset Control (OFAC) has updated its sanctions list with new targets focusing on ransomware gangs affiliated with the Iranian military.
Mastercard Pulls Russian Banks from its Payment Network
American payment services giant Mastercard has cut off Russian financial institutions from its payment network.
Ethereum is Getting Closed to Being Completely Censored Because of OFAC Regulations
Ethereum is becoming more compliant with OFAC sanctions per on-chain data
Tornado Cash Sees about 80% Deposit Decline following OFAC Sanctions: Report
In just about a week since the US Treasury Department’s Office of Foreign Assets Control placed a ban on the crypto mixer, Tornado Cash, the total deposits on the platform have plummeted remarkably.
Binance Continues to Provide Services to Unrestricted Russians Despite EU Sanction
Binance exchange is still serving nonsanctioned Russian users according to one of its Executives
Japan Freezes Assets Linked to Hamas Funding
Japan has frozen the assets of nine individuals and a cryptocurrency firm accused of financing Hamas, following US sanctions. This move is part of a global effort to disrupt militant group financing channels, focusing on the challenges of virtual currencies in facilitating illicit financial flows.
Coin Center Files Lawsuit against Treasury over Tornado Cash Sanctions
Backing a second lawsuit, Coin Center sues the Treasury Department and the Office of Foreign Asset Control (OFAC) over its sanctions on the Ethereum mixer, Tornado Cash.
Ethereum Developer Indicted for Blockchain and Crypto Expertise Sharing in North Korea
A judge has ruled that the U.S. Department of Justice has enough evidence to move to trial against Ethereum developer Virgil Griffith after he allegedly aided in the circumvention of U.S. Sanctions that have been placed on the Democratic People’s Republic of North Korea.
Crypto Lending Firm Delio Faces Regulatory Sanctions for Compliance Failures in South Korea
South Korean crypto asset management firm Delio has been fined KRW 1.896 billion and suspended for three months by the Financial Services Commission's Financial Intelligence Unit due to non-compliance with financial transaction laws.
Russia’s Central Bank Makes U Turn about Crypto Usage in International Payments
As a change of tune, Russia’s central bank is relieving its previous tough stance about cryptocurrencies by allowing their usage in international payments, as reported by Reuters.