The European Union is reportedly considering sanctions against A7A5, a Russian ruble-backed stablecoin that’s the world’s largest non-US-dollar pegged stablecoin.The sanctions would prohibit EU-based organizations and individuals from engaging directly…
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Belarusian President Alexander Lukashenko has reportedly pushed the country’s banks to expand how they use crypto, admitting that sanctions have greatly impacted the economy.Lukashenko told the heads of Belarus’ central…
NEW YORK, New York — The U.S. Treasury Department’s Office of Foreign Asset Control’s (OFAC) sanctions against privacy tool Tornado Cash cannot be discussed at the upcoming trial of developer…
Russia has turned to cryptocurrencies to facilitate oil trade with China and India, effectively bypassing Western sanctions in its $192 billion oil trade, Reuters reported, citing sources familiar with the…
Buy Cash , previously tied to wallets seized by Israel’s National Bureau for Counter Terrorist Financing in 2021, is accused of "having materially assisted, sponsored, or provided financial, material, or…
None of the “sanctions targeting Russia completely prohibit involvement in the mining sector,” said David Carlisle, vice president of policy and regulation at Elliptic, a blockchain analytics firm. Still, there…
Two of the sanctioned individuals, Cheng Hung Man and Wu Huihui, were over-the-counter (OTC) traders who facilitated crypto transactions for Lazarus, the agency said, while a third person, Sim Hyon…
Tornado Cash (TORN) has lost almost half its market valuation two days after being slapped with sanctions by the U.S. Treasury Department.The department accused Tornado Cash, a crypto mixer platform,…
Ethereum developer Virgil Griffith took a plea deal after breaking sanctions against North Korea and was formally sentenced earlier today— the final chapter in a two-year journey as bizarre as…
