Tag: sanctions
U.S. Imposes First Sanctions for Violations of Russian Oil Price Cap
The Treasury Department called the action a new phase of enforcement of a policy to starve Russia of oil revenue.
www.nytimes.com [...]
Yellen Says U.S. Is Considering New Sanctions on Iran and Hamas
The Treasury secretary said that she is not yet seeing an economic impact from the Israel-Gaza war.
www.nytimes.com [...]
Tornado Cash Trading Volumes Nosedived 90% After U.S. Sanctions
While North Korean hackers have mostly moved to other Bitcoin mixers, some illicit use of Tornado Cash continues, a report from TRM Labs says.
www.co [...]
US Treasury sanctions crypto wallets as authorities crack down on fentanyl
The Office of Foreign Assets Control (OFAC) of the United States Department of the Treasury has sanctioned crypto wallets allegedly connected to indiv [...]
US Treasury sanctions Ethereum wallet tied to cartel over ‘illicit fentanyl trafficking’
The Office of Foreign Assets Control (OFAC) of the United States Department of the Treasury has added a crypto wallet allegedly connected to a major i [...]
China to build giant AI chip factory to bypass US sanctions: Report
China seeks to build artificial intelligence (AI) chip factories for creating particle accelerators to help bypass sanctions affecting the local indus [...]
UK, France and Germany to keep nuclear sanctions on Iran
The three nations say Iran is in breach of the 2015 nuclear deal by producing enriched uranium.
www.bbc.co.uk [...]
Russia Overcomes Sanctions to Expand Missile Production, Officials Say
Russia has managed to overcome sanctions and export controls imposed by the West to expand its missile production beyond prewar levels, according to U [...]
Tornado Cash co-founders charged with money laundering, sanctions violations
The United States Treasury’s Office of Foreign Assets Control (OFAC) added Roman Semenov, one of the co-founders of the Tornado Cash cryptocurrency “m [...]
Coinbase-Backed Group Loses Lawsuit Arguing Tornado Cash Sanctions Overstepped U.S. Treasury's Authority
A group of crypto investors and developers lost a lawsuit funded by Coinbase which sought to argue that the U.S. Treasury Department overstepped its a [...]
Amid Sanctions, Bitcoin Mining Machines Are ‘Flowing’ Into Russia, as Industry Thrives
None of the “sanctions targeting Russia completely prohibit involvement in the mining sector,” said David Carlisle, vice president of policy and regul [...]
Nexo joins sanctions association as regulatory scrutiny increases
As regulatory scrutiny continues to circle the wider Web3 ecosystem, cryptocurrency lending platform Nexo will look to leverage training resources, co [...]
Crypto lobbyists still fighting to axe ‘unlawful’ Tornado Cash sanctions
The Blockchain Association and the DeFi Education Fund have become the latest industry advocates to file their support of Coin Center’s lawsuit agains [...]
Blockchain Association Files Amicus Brief in Coin Center Lawsuit Against U.S. Treasury Over Tornado Cash Sanctions
“An order effectively requiring Defendants to decriminalize use of the 20 Tornado Cash addresses would allow Plaintiffs to conduct their legitimate ac [...]
U.S. Imposes Sanctions on Warring Sudanese Factions
The United States announced new sanctions on Thursday on two Sudanese military factions and on companies linked to both sides, which have been fueling [...]