Russians with strong social connections, who are under international sanctions for the invasion of Ukraine, have been using cryptocurrencies to launder their wealth, according to a report. Crypto watc...
Tag: sanctions
Russia sanctions could push other countries to develop their CBDCs
Banking executive Hiromi Yamaoka believes that the conflict in Ukraine could influence central bank digital currencies (CBDCs) policy globally. The former head of payments and settlements department ...
Canadian financial sanctions have led to seizures of bitcoin donated to protesting truckers
Truckers who were in Ottawa protesting vaccine mandates, have had some of their bitcoin donations seized and frozen by the authorities. Is there a lesson here for future donations to those who want to...
Afghans Became Crypto-friendly Amid US Sanctions
Since the Taliban took over Afghanistan in August of last year, US authorities have cut off financial sources to disrupt the state’s economy. As a result, money transfers became a severe problem for A...
Regulators Looking to Tighten Sanctions
As Russia’s invasion of Ukraine has sustained over recent weeks, there’s been much talk over the role that crypto is playing on both sides. On the one hand, crypto has provided a lifeline ...
Singapore Includes Crypto Institutions in Broadening Sanctions Against Russia
Singapore’s central bank, the Monetary Authority of Singapore, expanded its broadening unilateral financial measures against Russia by including cryptocurrency exchanges and services. The move is the ...
Russian sanction tightening: G7 intensifies measures and Japan sanctions against crypto usage
The world applied heavy sanctions against Russia in response to its invasion of Ukraine, and the Russian economy had taken a hit. However, the world leaders seem to think it is not enough. G7 ganging ...
Elizabeth Warren Drafts New Crypto Sanctions Bill
Democrat Senator Elizabeth Warren of Massachusetts has recently issued a statement saying that cryptocurrency exchanges in America and around the world should enforce the country’s sanctions against R...
Japan Insists Crypto Exchanges to Comply With Sanctions Against Russia (Report)
The Japanese authorities reportedly urged local cryptocurrency platforms to stop facilitating digital asset transactions subject to sanctions against Russia and Belarus. The Asian nation is among the ...
Japan Asks Crypto Exchanges to Comply With Sanctions Restrictions — Penalty Includes 3 Years in Prison – Regulation Bitcoin News
Japan’s top financial regulator has asked cryptocurrency exchanges in the country not to process transactions subject to asset-freeze sanctions. The penalty for unauthorized payments to sanctioned per...
Rusal investors lose US$6 billion in Hong Kong stock sell-off while aluminium producer deflects all sanctions
The plunge in United Company Rusal, the only Russian company listed in Hong Kong, has erased US$6 billion of value from the world’s largest aluminium producer outside China while the Ukraine con...
Rep. Brad Sherman files bill in Congress on Russian sanctions and crypto
advertisement A member of Congress has filed new legislation on crypto and Russian financial sanctions. Public records show that Rep. Brad Sherman (D-CA) submitted the measure on March 13. The bill...
Here’s how Asian countries deal with crypto sanctions against Russia
Amid the United States and the European Union taking measures to prevent Russia from using cryptocurrencies to potentially evade sanctions, some countries in Asia have also been moving to respond to t...
G7 Nations Enforce Fresh Crypto Sanctions Against Russia – Will It Break The Oligarchs?
https://www.tradingview.com/chart/ajrdy9Lf/ With the Biden administration spearheading the enactment of economic sanctions against Russia for its invasion of Ukraine, the G7 (Group of Seven) countries...
Japan to Fine Crypto Exchanges for Violating Russia Sanctions
Japan’s Financial Services Agency (FSA) and Ministry of Finance have jointly announced on Monday that they have laid out a plan to penalize cryptocurrency exchanges who are violating economic sanction...
How the Sanctions on Russia Impact Global Markets
On February 24, we woke up to news of Russia’s full-scale invasion of Ukraine. Peace talks had failed, and Russian forces were entering the southern Ukrainian city of Kherson and continuing to shell K...
Japan orders crypto exchanges to comply with Russia sanctions
Japanese authorities have told crypto exchanges to comply with sanctions imposed on Russia. To do this, it has asked them not to process transactions subject to the sanctions against Russia and Belaru...
Japan Asks Crypto Exchanges to Cooperate in Sanctions Against Russia
Japan’s lawmakers have asked crypto exchanges to cooperate in the sanctions imposed against Russia. The request comes as governments pay attention to whether crypto can be used to avoid sanctions. The...
We Will Ensure Russia Cannot Use Crypto Assets to Evade Sanctions – Coinotizia
The Group of Seven (G7) countries issued a joint statement stating that they “will ensure that the Russian state and elites, proxies and oligarchs cannot leverage digital assets as a means of evading ...
We Will Ensure Russia Cannot Use Crypto Assets to Evade Sanctions – Regulation Bitcoin News
The Group of Seven (G7) countries issued a joint statement stating that they “will ensure that the Russian state and elites, proxies and oligarchs cannot leverage digital assets as a means of evading ...
ESMA & CYSEC, Russian sanctions, eToro: Editor’s Pick
With the continuing events in Ukraine dominating global news headlines, let’s take a look at the biggest news stories from the worlds of forex, fintech, and crypto, in our best of the week segme...
Can Bitcoin be used to circumvent sanctions?
Since Russia invaded Ukraine, many Western countries have imposed heavy sanctions on the country. Among these sanctions are several designed to prevent Russians from using electronic money abroad. Cou...
DOJ Task Force ‘KleptoCapture’ to Target Crypto Exchanges in Sanctions Evasion Crackdown – Regulation Bitcoin News
A new task force set up by the U.S. Department of Justice (DOJ), KleptoCapture, will also target cryptocurrency exchanges. Financial institutions, banks, money transmission services, and crypto exchan...
Russia and Belarus face crypto sanctions, Crypto.com hounds users for loan payments and Biden signs executive order on crypto: Hodler’s Digest, Mar. 6-12
Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, pr...
Chainalysis launches two free tools to enable crypto firms to monitor sanctions
The crypto sector has been under intense pressure following the sanctions imposed against Russia by the US and other Western countries. With regulators becoming concerned about Russia using crypto to ...
Ukraine Raises Money through Crypto, Russia Circumventing Sanctions with Digital Assets
The conflict between Russia and Ukraine took center stage last month. The issue not only changed the global political landscape but also the economies of both countries. The financial infrastructure i...
China Stands As A Reliable Partner Of Russia Amid U.S. Sanctions
Russia-Ukraine conflict is getting deeper day by day. Since the war broke out many countries with the USA have tried to punish Russia with multiple sanctions. The restrictions were an attempt to hit t...
The U.S. and its allies put their foot down against Russia’s use of Cryptocurrencies to evade sanctions ⋆ ZyCrypto
Advertisement     A group of nations led by the U.S. is doubling down its efforts to prevent Russia from evading sanctions using cryptocurrencies. According to a Frida...
US and EU double down on measures against Russia potentially using crypto to evade sanctions
The United States and the European Union have announced new actions targeting Russia’s economy and wealthy individuals as a report suggests Vladimir Putin’s allies have attempted to circumvent sanctio...
Chainalysis Launches Screening Tools Designed to Prevent Sanctions Evasion – Coinotizia
Blockchain forensics company Chainalysis is launching two tools that will allow crypto companies to deny sanctioned persons and entities access to their platforms. The move comes amid concerns that Ru...
Why Some Say Putin Is Happy His Oligarchs Are Getting Sanctioned
Veteran Kremlin watchers tell Forbes that the Russian president doesn’t care much about the asset freezes and travel bans that hound his country’s billionaires. Getty Images Additional reporting by Jo...