OpenSea, the world’s largest NFT marketplace, reportedly began blocking Iranian users citing U.S. sanctions against the country, while popular Ethereum wallet MetaMask was unavailable in certain black...
Tag: sanctions
NFT Marketplace OpenSea Drops Users Amid Strict U.S. Sanctions
Ethereum-based NFT marketplace OpenSea has started dropping off users from its platform amid the ongoing U.S. Sanctions. This comes as exchanges have been asked to put a ban on Russian users following...
NFT Marketplace OpenSea Blocks Users in Iran Due to U.S. Sanctions
U.S.-based NFT marketplace OpenSea has begun blocking users based in Iran, according to multiple reports from frustrated collectors and creators who recently found themselves unable to access the site...
Despite The War And Sanctions, Bitcoin Has Surpassed The Russian Ruble
Since the adoption, the Ukrainian government has received more than $10 million in cryptocurrency donations from around the world to help it fight the conflict. Several NGOs in the nation have also se...
EU Monitor Crypto Exchanges To Ensure Russian Sanctions Implementation
EU is working to ensure that digital assets should not bypass sanctions imposed by the alliance opposing Russia, Brune Le Maire, prime minister of France, told on Wednesday, March 02, 2022. An allianc...
US Treasury Monitoring Crypto Use to Evade Sanctions, Says Treasury Secretary Yellen – Regulation Bitcoin News
U.S. Treasury Secretary Janet Yellen says the Treasury Department is monitoring Russian efforts to evade sanctions using cryptocurrency. Four U.S. senators have written to Yellen raising concerns abou...
UK Financial regulator writes to exchanges in effort to enforce crypto sanctions
Following on from top exchanges refusing to sanction any of their clients in principle, the UK Financial Conduct Authority (FCA) has written to cryptocurrency exchanges based in the UK, reminding them...
USA’s DFS to Use Blockchain to Strengthen Sanctions Enforcement Against Russia
The Department of Financial Services (DFS) will use blockchain analytics technology to build strengthen the enforcement of the sanctions against Russia. Specifically, the effort will be to detect if R...
Governments are on high alert for crypto in Russian sanctions evasion that nobody has seen yet
Public figures in the US and Europe have spoken with growing alarm about the threat of Russian sanctions evasion via crypto. As it stands, those fears remain unsubstantiated. The US, EU, UK, and the ...
U.S. Department of Justice to set up task force to enforce Russia sanctions
The U.S. Department of Justice will be creating a task force saddled with enforcing sanctions against the richest Russians and their assets in the U.S. The U.S. sets up a new taskforce The interagency...
U.S. Sanctions 7 Russian Oligarchs And Kremlin Press Secretary Peskov
Topline The White House announced tough sanctions on seven titans of Russian business and Kremlin Press Secretary Dmitry Peskov on Thursday, and imposed visa restrictions on 19 oligarchs and dozens of...
Russia Can’t ‘Easily’ Use Bitcoin To Ease Sanctions — Here Are The Stumbling Blocks ⋆ ZyCrypto
Advertisement     Russia’s switch to cryptocurrencies will not be as seamless as the general public anticipates. Thinly traded markets and obedience to sanctions are p...
Hillary Clinton Urges Regulation of Crypto Exchanges for National Security Purposes in Wake of Russian Sanctions
Former Secretary of State Hillary Clinton is imploring cryptocurrency exchanges to deny access to Russian users as part of the United States’ broader effort to apply economic pressure after Vladimir P...
Here are the Russian oligarch yachts being seized as sanctions sink in
A file photo dated September 10, 2018 shows mega yacht named “Dilbar” belonging to Uzbek-born Russian business-magnate Alisher Usmanov as it refuels by a tanker in Mugla, Turkiye. Germany ...
Do they use cryptocurrencies in Russia to circumvent sanctions?
It’s pretty clear that in Russia, a country that according to Chainalysis’ 2021 global crypto adoption index ranks 18th in the world in cryptocurrency adoption, people are actually using digital curre...
Ripple Executives Say Russia Won’t Be Able To Use Crypto To Evade Sanctions – Here’s Why
Two senior executives at San Francisco, California-based payments company Ripple are expressing pessimism over Russia’s ability to bypass sanctions using cryptocurrencies. Ripple CEO Brad Garlinghouse...
EU ‘Taking Measures’ to Prevent Russia Evading Sanctions With Crypto: Le Maire
The European Union is set to crack down on Russia’s ability to evade economic sanctions using cryptocurrencies, according to France’s Finance Minister Bruno Le Maire. “We are taking measures, in parti...
U.S Senate Panel Pushing Treasury’s Yellen To Ensure Russia Doesn’t Use Crypto To Bypass Sanctions ⋆ ZyCrypto
Advertisement     With the risk of Russia dodging the roils of Sanctions placed upon it by Western nations using cryptocurrencies increasingly becoming real, some sena...
EU Ensures Russia Cannot Bypass Sanctions thorugh Crypto, Says French Finance Minister Le Maire
French Finance Minister Bruno le Maire said on Wednesday that the European Union (EU) is looking for ways other than cryptocurrencies to impose EU sanctions on Russia, Reuters reported. The EU is curr...
On SWIFT Sanctions, Biden And His Allies Walk A Tightrope Between Punishing Putin And Hurting Themselves
President Joe Biden and European allies are looking to punish Russian President Vladimir Putin for … [+] his invasion of Ukraine through harsh economic sanctions. Getty Images The SWIFT sanction...
European Union To Ensure Russia Cannot Dodge Sanctions Through Crypto
The European Union will ensure that Russia cannot use cryptocurrencies as a means to dodge strict economic sanctions, French Finance Minister Bruno le Maire said. His comments come amid widespread deb...
New York state ramps up blockchain monitoring to enforce sanctions
New York state’s efforts to enforce sanctions against Russia have ramped up a gear with the Department of Financial Services, or DFS, expediting the procurement of additional blockchain analytics tech...
How Will Sanctions Affect Russia, the World and the Crypto Market?
HodlX Guest Post Submit Your Post International sanctions are designed to hurt the country as a whole, and as a result, innocent people and small businesses are the most affected. They rarely hurt ...
US Senator Urges Regulators to Increase Scrutiny on Crypto as It Risks Undermining Sanctions Against Russia – Bitcoin News
U.S. Senator Elizabeth Warren is worried that “cryptocurrencies risk undermining sanctions against Russia.” She urges financial regulators “to take this threat seriously and increase their scrutiny of...
Yellen Says Treasury Will Monitor Crypto, Other Channels for Sanctions Evasion
In brief Several Senate Democrats asked Treasury Secretary Janet Yellen how the department would make sure crypto couldn’t be used to bypass sanctions against Russia. Yellen said the Treasury De...
NYDFS looks to crypto tools to help enforce sanctions against Russia
advertisement New York is prioritizing the procurement of blockchain analytics tools to better enforce sanctions against Russia. New York Governor Kathy Hochul announced actions today to bolster the a...
US asks crypto exchanges to comply with sanctions against Russia
The US has asked cryptocurrency exchanges to comply with Russian sanctions following the invasion of Ukraine by Russia last week. As outlined in a report by Bloomberg, the economic sanctions that the...
Lawmakers Raise Alarm on Crypto for Sanctions Evasion as Experts Cast Doubt
Still, lawmakers want assurances from Yellen that the Office of Foreign Assets Control (OFAC), which enforces U.S. sanctions rules, will be able to maintain the blocks against Russian banks and oligar...
EU is ‘taking measures’ against Russia using crypto to bypass sanctions, say finance ministers
Economy and finance ministers representing nations in the European Union have said they will address Russia’s potential use of cryptocurrencies to evade sanctions imposed on it following its operation...
US lawmakers and Fed chair push for crypto regulation in wake of Russia sanctions
Federal Reserve Chair Pro Tempore Jerome Powell and some members of the United States House of Representatives called for congressional action on crypto in response to discussions about Russia potenti...