The U.S. Treasury Department’s Office of Foreign Assets Control is investigating cryptocurrency exchange Kraken for allegedly violating economic sanctions against Iran, according to the New York Times...
Tag: Iran
Crypto exchange Kraken under investigation for violating US sanctions: NYT
The US Treasury Department has been investigating Kraken since 2019 and is expected to impose a fine on the cryptocurrency exchange, according to a New York Times report. The firm may have violated US...
Kraken is under investigation in the US for violating Iran sanctions
Kraken, one of the leading cryptocurrency exchanges in the US by trading volumes, is under investigation. The investigations being conducted by the US Treasury Department have been launched over Krake...
Kraken Under Probe for Allegedly Violating US Sanctions on Iran
Cryptocurrency exchange Kraken is under federal investigation for potential violation of U.S. sanctions by allowing users in Iran and elsewhere to purchase and sell digital tokens, the New York Times ...
Like Binance, Kraken likely skirted sanctions to serve customers in Iran
According to sources at Kraken, the crypto exchange is under investigation by the US Treasury for potentially violating sanctions in Iran. The Treasury’s Office of Foreign Assets Control (OFAC) probe ...
After Binance, US Crypto Exchange Kraken Evaded Sanctions On Iran
After it was found earlier that Binance flouted US sanctions on Iran, another exchange was found to have repeated it. Binance continued trading service for its clients in Iran despite US sanctions, it...
Kraken Investigated for Allegedly Servicing Crypto Traders in Iran: Report
A leaked internal document reportedly showed Kraken serviced 1,522 users with residences in Iran as of June It also had users in Syria and Cuba — both of which are sanctioned by the US Cryptocurrency ...
Is Iran Seeking To Become A Bona Fide Arms Exporter With Russia Drone Sale?
As the Oct. 18, 2020, expiration date of the UN arms embargo against Iran loomed, there was substantial speculation that Tehran would seek to modernize its aged military arsenal by importing Russian h...
Last Week [In] Crypto: 3AC Founders Vanish, Celsius Faces Class Action Lawsuit, Binance Accused of Breaking Sanctions on Iran
Be[in]Crypto has scoured the crypto industry for the leading stories that reverberated during the last week. The stories range from the weak Reserve Risk Indicator for Bitcoin, crypto personalities ru...
What US Journalists Need To Know About The The Foreign Hackers Targeting Them
Photo illustration of a computer hacker. getty In the days just before the January 6 attack at the US Capitol Building in 2021, a flurry of emails with seemingly anodyne subject lines started landing ...
Charitable Donations: CoinEx Charity Offers Eid al-Adha Gifts to Iran, Turkey, Syria, and Indonesia
Eid al-Adha is the most sacred holiday in the Islamic calendar and also a major religious festival celebrated by Muslims around the world. On this holy day, Muslim communities would gather to celebrat...
Binance Bypassed US-Led Sanctions on Iran for Years, Report Claims
Binance, the largest crypto exchange by volume, reportedly allowed users in Iran to trade in contravention of U.S. sanctions, a Reuters investigation alleges. The report found that the exchange might ...
Iran Slashes the Cost of Its Oil to Compete With Russia in China
(Bloomberg) — Iran is being forced to discount its already cheap crude even more as a top ally gains a bigger foothold in the key Chinese market. Most Read from Bloomberg China has become an imp...
Iran Expected To Launch Countries Pilot Version of Digital Rial by Aug 23
6 seconds ago | 2 mins read Altcoin News Salehabadi said the pilot project would begin in one of the countries’ provinces. Only the monetary authority can issue and control the supply of crypto rial....
Iran Aims to Roll Out Pilot Version of Crypto Rial Within 2 Months – Finance Bitcoin News
The government in Tehran is taking steps in preparation of the launch of Iran’s new digital currency, referred to as the crypto rial. The monetary authority of the Islamic Republic hopes to initiate t...
U.S. Service Member Arrested For Explosion On American Base In Syria
Topline A member of the U.S. Air Force was arrested in connection with an attack on an American base in Syria, the military said Tuesday, months after an explosion injured four U.S. personnel in easte...
Iran to Shut Down Crypto Mining Farms As Energy Crisis Deepens
During the previous two years, authorities in Iran have shut down around 6,914 unregistered crypto companies. Authorized crypto mining plants in the Islamic Republic will be required to disconnect the...
Iran to Shut Down Crypto Mining Farms Amid Record High Power Demand – Mining Bitcoin News
Authorities in Iran plan to unplug licensed crypto mining facilities as electricity consumption in the country is reaching record highs. The mining farms will be cut off from the grid on Wednesday, th...
Iran to shut down Bitcoin miners as electricity demand spikes
The upcoming summer season is set to increase electricity demand in Iran. The Middle Eastern country will reportedly remove licensed cryptocurrency miners from the national grid to prevent outages. Ir...
Iran Cuts Power to All Licensed Crypto Miners – crypto.news
Iran will shut off electricity to all its 118 authorized crypto mining facilities this month. Authorities in the country have taken similar measures earlier, citing the increased need for electricity ...
Iran cuts electricity to licensed crypto miners: Bloomberg
Iran will cut electric power to all its 118 legal crypto mining centers this month as the country faces increased energy demand. According to a Bloomberg report, electricity to all 118 legal crypto mi...
Crypto-miners in Iran face blackout fears after latest diktat
Iranian authorities have announced that crypto-miners operating in the country will be cut off from electricity by 22 June. According to a report in the Tehran Times, the government has decided to ens...
Iran Will Reportedly Cut Off Electricity to All Legal Crypto Miners
The Middle Eastern nation has gone against licensed crypto miners and will shut down all 118 legal ones in two days, according to a recent report. The country’s authorities have already done something...
Iran Decides To Cut Power Supply For Crypto Mining Activities
4 seconds ago | 2 mins read Bitcoin News Iranian authorities issued permits to 1,000 crypto miners in January this year. It was estimated that illicit miners used roughly 600 megawatts of electricity....
Crypto Miners in Iran to Face Blackout as Mining Becomes Unprofitable
Authorities in Iran have announced that crypto miners operating in the country would have their access to electricity cut off by June 22. According to a report from Tehran Times, the decision was made...
Iran Cuts Power Supply To Crypto Mines;
Iran’s Ministry of Energy has decided to cut down the supply of electricity given to the authorized crypto mines units of the country. As reported by Tehran times, this decision will be implemented on...
US May Allow More Iran Oil to Flow Even Without Deal, Says Vitol
(Bloomberg) — Most Read from Bloomberg The US may allow more sanctioned Iranian oil onto global markets even without a revival of the 2015 nuclear accord, according to the biggest independent cr...
Iran Now Has Enough Uranium For Nuclear Weapon, U.N. Watchdog Reportedly Says
Topline Iran has amassed enough enriched uranium to make a nuclear weapon, according to a report by the International Atomic Energy Agency viewed by several media outlets Monday, as the IAEA presses I...
Iran’s Vintage Fighter Jets Keep Falling Out Of The Sky
Frequent crashes of Iranian fighter jets are striking reminders of just how old the Islamic Republic of Iran Air Force’s (IRIAF) aircraft are. Two Iranian pilots were killed on May 24 when their Chine...