sanctions

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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MoneyGram Suspends Service in Russia
MoneyGram Suspends Service in Russia
March 13, 2022  |  International

MoneyGram plans to quit offering its services in Russia over that country’s ongoing invasion of Ukraine, a company statement said Friday (March 11). Get the...

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DOJ to Crack Down on Russian Oligarchs And Their Networks
DOJ to Crack Down on Russian Oligarchs And Their Networks
March 13, 2022  |  International

The Justice Department plans to investigate people, banks and cryptocurrency exchanges that have helped rich Russians hide or launder their money, Bloomberg reported Friday (March...

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