Topline The New York Attorney General will ask a state judge to sanction former President Donald Trump, the Trump Organization and other defendants as part of her $250 million civil lawsuit accusing t...
Tag: sanctions
Former FBI Official Accused Of Violating Russia Sanctions To Help Oligarch Oleg Deripaska
Topline A former FBI agent who once led counterintelligence in the bureau’s New York office was charged with money laundering and violating sanctions to benefit Russian oligarch Oleg Deripaska, prosec...
‘Pharma Bro’ Shkreli Violated Lifetime Ban And Should Be Sanctioned, FTC Says
Topline The Federal Trade Commission is asking a federal judge to sanction former hedge fund manager Martin Shkreli, arguing he should be held in contempt for violating his lifetime ban from the pharm...
U.S. sanctions: Customers suing Compass Mining
Compass Mining severed its ties with the Russian hosting provider Bit River and did not return Bitcoin mining gear to its customers. The company cited an inapplicable fine issued by the United States ...
Huge Sanctions Are Looming for the Fuel That Powers the World
(Bloomberg) — Most Read from Bloomberg An unprecedented chunk of the global diesel market, the workhorse fuel of the global economy, is just weeks away from being subject to aggressive sanctions...
Nexo Office in Bulgaria Raided in Sanctions Probe
The offices of troubled crypto lender Nexo have been raided by Bulgarian officials for alleged financial crimes including money laundering, tax evasion and fraud. Over 300 officers and regulators have...
Russia pushes foreign CBDC transactions as sanctions tighten
Amidst continuous sanctions imposed on Russia for its invasion of Ukraine, the country is accelerating its CBDC program. According to the Jan. 9 report, Russia’s central bank will research two potenti...
Here’s Why Tornado Cash’s Activity Didn’t Cease Completely Post OFAC Sanctions
The Office of Foreign Assets Control’s (OFAC) tryst with the crypto industry dates back to 2018 when it designated two Iran-based individuals of malicious cyber activity. There has been no looking bac...
Russia to begin work on CBDC settlement system as sanctions endure
Russia’s central bank is reportedly set to begin developing a cross-border settlement system using a central bank digital currency (CBDC) amid ongoing sanctions in response to its invasion of Ukraine....
Russia Begins CBDC Settlement Mechanism While Sanctions Continue
There are continuous sanctions against Russia as a result of its invasion of Ukraine; yet, reports indicate that Russia’s central bank is about to begin building a cross-border settlement system...
Did The 2022 Crypto Sanctions Have A Real Impact?
The U.S. and other financial institutions and law enforcement agencies are stepping up their efforts to sanction crypto entities. The U.S. and its Office of Foreign Assets Control (OFAC) changed the m...
US Agencies Learning Quickly How to Enforce Crypto Sanctions
U.S. authorities have made progress in their enforcement of sanctions with regard to cryptocurrencies, according to a recent report. The Office of Foreign Assets Control (OFAC) of the U.S. Department ...
Binance Joins Association of Certified Sanctions Specialists
– Advertisement – Cryptocurrency exchange Binance has become a member of an organization providing training for sanctions compliance. With the move, part of efforts to improve its capabili...
Binance Joins Association of Certified Sanctions Specialists – Regulation Bitcoin News
Cryptocurrency exchange Binance has become a member of an organization providing training for sanctions compliance. With the move, part of efforts to improve its capabilities in this field, the larges...
Binance joins association to address compliance with global sanctions
Binance has become one of the first crypto firms to join the Association of Certified Sanctions Specialists, orACSS, in an effort to stay in compliance with global sanctions. In a Jan. 6 announcement,...
Russia’s Oil Flows Slump to 2022-Low as Sanctions Squeeze Moscow
(Bloomberg) — Russia’s crude shipments slid to the lowest for 2022 in the final four weeks of the year as sanctions crimped Moscow’s exports. Cargoes bound for China, India and Turkey, whi...
Cuban NFT Artists Encounter Restriction of Web3 Freedom
NFT marketplace OpenSea has been delisting the accounts of NFT artists located in Cuba and other countries facing US sanctions for the past few months. OpenSea claimed the reason was “due to act...
China’s Reopening Signals Return Of Bull Market
TOPSHOT – People sing slogans while gathering on a street in Shanghai on November 27, 2022, where … [+] protests against China’s zero-Covid policy took place the night before followi...
NFT Marketplace OpenSea Bans Cuban Creators Citing U.S Sanctions
19 mins ago | 2 mins read NFT News OpenSea insisted that it is only abiding with federal sanctions legislation. The U.S sanctions on Cuba are implemented through a number of different laws. OpenSea, t...
Web3 Freedom? OpenSea Blocks Cuban Artists due to US Sanctions
In compliance with U.S. sanctions law, OpenSea – the world’s largest NFT marketplace – is delisting Cuban artist and collector accounts from its platform. A recent statement from the company confirms...
OpenSea blocks Cuban artists from the platform due to US sanctions
Nonfungible token (NFT) marketplace OpenSea has been banning artists and collectors from Cuba, citing United States sanctions as the key reason behind its action. According to a report published by Ar...
President of Brazil Sanctions Cryptocurrency Law – Regulation Bitcoin News
President Jair Bolsonaro has approved law 14.478, which regulates cryptocurrency-related operations and virtual asset service providers (VASPs) in Brazil. The document, approved on the last day of the...
OpenSea block artists and collectors from Cuba citing US sanctions law
NFT marketplace OpenSea is delisting artist and collector accounts from Cuba to comply with US sanctions law. OpenSea has blocked Cuban artists and collectors According to reports, OpenSea has deliste...
OpenSea Blocks Cuban Artists on the Back of U.S. Sanctions
30 Cuban artists and collectors have reportedly been censored on the OpenSea NFT marketplace to comply with U.S. sanctions. This includes well-known Havana-based artists Gabriel Guerra Bianchini and F...
Sanctions, money laundering and legalization: Maxim Kurbangaleev on the problems of the crypto market
From the very beginning of its existence the cryptocurrency market assumed independence from state bodies and decentralized storage of information, which in turn implied the anonymity of those who con...
Russia’s Oil Exports Collapsed Since G-7 Sanctions Began
(Bloomberg) — Russia’s seaborne crude shipments collapsed in the first full week of Group of Seven sanctions targeting Moscow’s petroleum revenues, a potential source of alarm for governments ar...
Bank of Russia Acts to Protect Crypto Companies Against Sanctions
The Central Bank of Russia has introduced a course of action aimed at protecting companies dealing with digital assets against the pressure of sanctions. CBR Offers Relief to Crypto Companies, Albeit ...
European Union Official Warns Elon Musk Of Sanctions Over Twitter Banning Journalists
Topline Under a set of new digital rules, Twitter could face sanctions ranging from from billion-dollar fines to being banned across the European Union over suspending the Twitter accounts journalists...
Bank of Russia eases digital assets platforms supervision to beat sanctions
The Central Bank of Russia has enacted measures to shield digital asset-using enterprises from sanctions pressures. Russian authorities will excuse these enterprises from some reporting requirements a...
Bank of Russia Moves to Safeguard Crypto Companies Against Sanctions – Regulation Bitcoin News
The Central Bank of Russia has introduced measures to protect entities working with digital assets from sanctions pressures. These businesses will be exempted from some reporting requirements as part ...