sanctions

US Treasury Blacklists Bitcoin Addresses Linked to Iranian Ransomware Group

US Treasury Blacklists Bitcoin Addresses Linked to Iranian Ransomware Group
US Treasury Blacklists Bitcoin Addresses Linked to Iranian Ransomware Group
September 14, 2022  |  Legal

The U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) has sanctioned 10 individuals and two entities for their roles in ransomware activity, cyber-espionage and...

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Sanctions-Busting Russian Stablecoin Would Test US Regulations
Sanctions-Busting Russian Stablecoin Would Test US Regulations
September 07, 2022  |  Cryptocurrency

Get ready to see the stablecoin regulation wars heat up. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

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UK Warning on Sanction Evasion Puts Crypto Firms at Risk
UK Warning on Sanction Evasion Puts Crypto Firms at Risk
August 25, 2022  |  Security & Fraud

People subject to sanctions are reportedly using cryptocurrency services to evade the sanctions, and this could put crypto firms and those transacting in crypto at...

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Sanctions Against Crypto Mixer Raise Broader Compliance Fears
Sanctions Against Crypto Mixer Raise Broader Compliance Fears
August 16, 2022  |  Cryptocurrency

It’s not just the libertarians who are concerned about the implications of the U.S. blacklisting a crypto mixing site allegedly used by North Korean hackers....

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Auto Verification of Bank Account Owners Is Key to Sanctions Compliance
Auto Verification of Bank Account Owners Is Key to Sanctions Compliance
May 27, 2022  |  Regulation

Sanctions have been dominating headlines. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

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Russian-Built Payment System Capitalizes on Visa, Mastercard Exit
Russian-Built Payment System Capitalizes on Visa, Mastercard Exit
April 20, 2022  |  Credit Cards

Russian and Chinese entities that provide alternatives to the dominant Visa and Mastercard payment networks may reap significant benefits from sanctions the West imposed in...

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Crypto Developer Gets 5-Year Sentence for Helping N. Korea Skirt Sanctions
Crypto Developer Gets 5-Year Sentence for Helping N. Korea Skirt Sanctions
April 12, 2022  |  Cryptocurrency

Here’s a tip: If you’re going to go give a speech on crypto at a conference run by a country under stiff sanctions, maybe don’t...

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Today in Crypto: Coinbase Bullish on NFTs; Crypto-Focused Political Donors Prefer Dollars Over Bitcoin
Today in Crypto: Coinbase Bullish on NFTs; Crypto-Focused Political Donors Prefer Dollars Over Bitcoin
March 17, 2022  |  Cryptocurrency

In cryptocurrency news, Coinbase might see another $1.26 billion in revenue from its NFT segment, according to Needham analyst John Todaro, Coindesk wrote Thursday (March...

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Singapore Issues Financial Sanctions on Russia
Singapore Issues Financial Sanctions on Russia
March 14, 2022  |  International

Singapore’s central bank is the latest financial institution to take economic measures against Russia for its invasion of Ukraine, Bloomberg reported Monday (March 14). Get...

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