Senator Elizabeth Warren is leading a new regulatory campaign for crypto as she says entities are using the technology to fund illicit activities, including terrorism. The Massachusetts Democrat recen...
Tag: sanctions
Did Binance Help Iran Avoid Financial Sanctions?
Iran is a sanctioned country. It’s not allowed to engage in certain activities unless the United States says so. Despite all this, popular digital currency exchange Binance still enabled the country t...
Crypto Sanctions & Their Impact on the Cryptocurrency Ecosystem – Crypto 2023
While Tornado Cash had a website with user-friendly interface, on which, technically, it was possible to implement know your customer/anti-money-laundering (KYC/AML) features (even considering the abs...
Binance Now At High Risk Of Facing Sanctions Charges: US Probe
Binance Money Laundering Probe Sanctions News: While the crypto market continues to struggle after the FTX related contagion effect, top exchange Binance could be headed for trouble. According to late...
Proactive sanctions can help spare the ecosystem: Chainalysis exec
As many countries, entities and even individuals face international sanctions, the crypto industry seeks to find its place among increasing regulations. Digital currencies have often been mentioned a...
OPEC+ Pauses as Russia Sanctions and China Covid Rules Roil Crude Markets
(Bloomberg) — OPEC+ responded to surging volatility and growing market uncertainty by keeping its oil production unchanged. Most Read from Bloomberg The outcome of the brief online meeting on Su...
Federal Judge Sanctions Kari Lake For Challenging Arizona’s Voting Procedures
Topline A federal judge granted a Maricopa County, Arizona, motion for sanctions against Republican gubernatorial candidate Kari Lake Thursday, meaning she will have to pay a fine one week after filin...
Crypto Exchange Kraken Settles With U.S. Treasury Over Violation of Iran Sanctions
The crypto exchange Kraken is settling with the U.S. Treasury Department over apparent violations of sanctions against Iran. The US-based crypto exchange Kraken is agreeing to pay a fine of $362,159 t...
Crypto Exchange Kraken Settles With Treasury Department Over Sanctions Violations – Coinotizia
Crypto exchange Kraken has settled with the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) over its apparent violations of sanctions against Iran. The cryptocurrency exchang...
Crypto Exchange Kraken Settles With Treasury Department Over Sanctions Violations – Regulation Bitcoin News
Crypto exchange Kraken has settled with the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) over its apparent violations of sanctions against Iran. The cryptocurrency exchang...
Crypto Exchange Kraken Settles With Treasury Department Over Iran Sanctions Violations
U.S. crypto exchange Kraken has settled with the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) today, agreeing to pay $362,158.70 for apparent violations of sanctions...
Kraken To Pay Settlement For Violating Sanctions
The crypto exchange has agreed to pay a penalty amount of $362,000 to U.S. regulators in the alleged sanctions violations case. Kraken Settles With U.S. Regulator Kraken has entered into a settlement...
Kraken Settles With U.S OFAC Over Iran Sanctions Compliance
2 hours ago | 2 mins read Exchange News The OFAC claims Kraken did not take reasonable precautions. Kraken will allocate an extra $100,000 to sanctions compliance mechanisms. Kraken, a cryptocurrency ...
Kraken Agrees to Settle with US Regulators for Violating Sanctions
Cryptocurrency exchange Kraken has agreed to pay the penalty to settle civil liability related to apparent violations of sanctions on Iran. As part of the deal with OFAC, Kraken would pay more than $3...
Kraken Settles With The SEC And Pays $362k For Violating U.S Sanctions on Iran
The U.S. Office of Foreign Assets Control (OFAC) has made it clear that it will keep imposing fines on cryptocurrency exchanges for alleged violations of the U.S. sanctions system. This time it was th...
Binance, Kraken, Accused of Violating US Sanctions, Back Anti-Fraud Startup
Rival cryptocurrency exchanges Binance and Kraken — both once accused of violating US sanctions — are now backing a fraud detection and identity verification platform for digital assets. The ven...
Kraken settles with US Treasury’s OFAC for violating US sanctions
The United States Treasury Department’s Office of Foreign Assets Control, or OFAC, has announced a settlement with crypto exchange Kraken for “apparent violations of sanctions against Iran.” In a Nov....
Kraken settles Iran sanctions violations with U.S. Treasury
Crypto exchange Kraken agreed to settle with the Treasury Department’s Office of Foreign Assets Control over the firm’s apparent violations of sanctions against Iran. Kraken, which volunta...
Chevron to Resume Venezuela Oil Output as US Eases Sanctions
(Bloomberg) — The Biden administration granted Chevron Corp. a license to resume oil production in Venezuela after US sanctions halted all drilling activities almost three years ago. Most Read f...
Central banks can use Bitcoin to fight off sanctions: Harvard research
A research paper published at Harvard university highlighted how central banks can use Bitcoin (BTC) to hedge against financial sanctions from fiat reserve issuers. A working paper, titled “Hedging S...
Uzbekistan Wants New Trade Relationship With U.S. To Compensate For Russia Sanctions
Russian President Vladimir Putin talks to Uzbek President Shavkat Mirziyoyev at the Shanghai … [+] Cooperation Organization Summit on September 15, 2022 in Samarkand, Uzbekistan. Russian sanctio...
Russia Loses 90% of Its Key European Oil Market Before Sanctions
(Bloomberg) — With just two weeks to go until European Union sanctions come into force, Russia has already lost more than 90% of its market in the bloc’s northern countries, previously the mains...
Edward Snowden Talks Tornado Cash Sanctions, Ethereum Merge, DAOs and NFTs at Camp Decrypt 2022
Edward Snowden Talks Tornado Cash Sanctions, Ethereum Merge, DAOs and NFTs at Camp Decrypt 2022 In an extensive talk with Decrypt’s Dan Roberts at Camp Decrypt in Napa CA in October, Edward Snow...
North Korea Tests Nuclear-Capable Missile With Range To Hit U.S. Mainland, Japan Says
Topline North Korea fired an intercontinental ballistic missile (ICBM) potentially capable of carrying a nuclear warhead to anywhere on the U.S. mainland, Japan’s defense minister reportedly said on F...
Russia and Cuba Eye Cryptocurrencies for Settlements Amid Sanctions – Bitcoin News
Both facing sanctions, Russia and Cuba are looking into alternative options for cross-border payments, including cryptocurrencies, a Kremlin advisor has unveiled in Havana. Moscow is already developin...
Zelensky Urges World Leaders To Double Down On Russia And End War Now
Topline Ukrainian President Volodymyr Zelensky on Tuesday urged world leaders gathered at the Group of 20 summit in Bali to double down on Russia and push it to end its war now, upping the diplomatic ...
Energy Policy Is Too Often Inconsistent
SAN FRANCISCO, CA – APRIL 03: Demonstrators hold signs as they protest near the site of a … [+] fundraiser on April 3, 2013 in San Francisco, California. (Photo by Justin Sullivan/Getty Im...
China’s chip executives brace for winter as US sanctions push country’s semiconductor industry to the brink of desperation
On a recent Wednesday afternoon in Shanghai, the founder of a semiconductor start-up spotted the head of a well-known chip venture capital firm near the elevator at an industry event – and grabb...
U.S. Refines Imposed Sanctions On Tornado Cash To Tackle North Korean Hackers
Previously sanctioned Tornado Cash, an Ethereum-based crypto mixer that provides its community with identity secrecy in digital transactions via its open-source software is up again on the news cycle....
US Sanctions 3 Individuals, Dozens of Bitcoin, Ether and Bitcoin Cash Addresses on Opioid Allegations
In a press release Wednesday, Treasury’s Office of Foreign Asset Control announced it was adding Dutch citizens Alex Adrianus Martinus Peijnenburg and Martinus Pterus Henri De Koning and British...