The impacted Dapper accounts haven’t been closed but services are restricted Dapper’s move is in line with the EU’s tightening Russian crypto ban Dapper Labs, the Web3 startup behind NBA Top Shot, has...
Tag: sanctions
Dapper Labs Suspends NFT Operations for Russian Users Amid New EU Sanctions – Coinotizia
Canadian company Dapper Labs has blocked operations with non-fungible tokens (NFTs) for Russian accounts. The move follows a new round of sanctions recently imposed by the EU which prohibit the provis...
Dapper Labs Halted Servicing Russians Following Latest EU Sanctions
The blockchain-based gaming company – Dapper Labs – stopped servicing all accounts with connections to Russia, but they are still able to access and view their non-fungible tokens (NFTs). The move com...
Dapper Labs Suspends NFT Operations for Russian Users Amid New EU Sanctions – Bitcoin News
Canadian company Dapper Labs has blocked operations with non-fungible tokens (NFTs) for Russian accounts. The move follows a new round of sanctions recently imposed by the EU which prohibit the provis...
Dapper Labs breaks down why it’s suspending Russian accounts
NFT company Dapper Labs has confirmed that it’s blocking crypto accounts with Russian ties and said it was because of new EU sanctions on Russia. The sanctions prohibit companies from offering c...
Dapper Labs Discontinues Russian Services Amid EU Sanctions
NFT News Dapper Labs has suspended Russian accounts amid the European Union’s recent sanctions. Impacted users will be unable to buy, sell, or gift digital collectibles across several platforms. Dappe...
Dapper Labs suspends Russian accounts after new EU sanctions
The firm outlined that as its “payment processing and stored value service partner is subject to EU regulations,” Dapper has been directed to impose the restrictions on these accounts under EU law. Fl...
Dapper Labs Restricts Russian-based NFT Accounts, Abides by EU Sanctions
Dapper Labs – a company behind NFTs like CryptoKitties, NBA Top Shot, NFL All Day, UFC Strike, and the Flow blockchain – has confirmed it is cutting off payment services for non-fungible owners with l...
Venezuela’s U.S. Creditors Take Small Comfort From Sanctions Relief
Venezuela’s creditors welcomed its potential rapprochement with the U.S. but still face risks and uncertainties in collecting from the South American country’s bankrupt government as its relations wit...
Russian Businesses are Circumventing Sanctions by Using Crypto
Russian businesses operating within the Russian Federation have begun to use cryptocurrencies to circumvent sanctions in cross-border transactions, according to the Ministry of Finance. Russian busine...
Russian Paramilitary Groups Turn to Crypto Avoiding Sanctions
53 mins ago | 2 mins read Bitcoin News $400,000 have been raised since the beginning of the invasion in February. The entity bought things like survival gear and ordinary military gear. According to a...
Recent EU sanctions expected to encourage Russia’s market, Exhanges controls services
This week it was announced that the EU had adopted its eighth set of penalties against Russia, which is designed to target the economy, its government, and energy exports. It is due to a reaction to t...
Dapper Labs freezes funds in wallets with Russian ties following EU sanctions, users say
NFT company Dapper Labs has issued warnings to users who have “connections” to Russia that funds held in their account-based crypto wallets have been frozen as part of a set of fresh EU sanctions agai...
Latest EU Sanctions Expected to Stimulate Russia’s Own Crypto Market, Exchanges Maintain Services – Regulation Bitcoin News
The new crypto sanctions imposed by the European Union are likely to spur the development of the country’s digital asset market, according to a Russian lawmaker. Anatoly Aksakov, who chairs the parlia...
Oil Prices Hold Steady. U.S. Said to Be Looking at Relaxing Venezuela Sanctions.
Oil prices on Thursday largely held to gains from the previous session despite a report from The Wall Street Journal that the U.S. government could relax sanctions on Venezuela to allow new supply ont...
EU tightens sanctions against Russia with ban on crypto-wallet services
The European Union (EU) has banned all crypto-services to Russian entities. The blanket ban is part of the EU’s eighth round of sanctions against Russia for “continued escalation and illegal war again...
European Union Tightens Crypto Sanctions on Russia, Bans All Wallet and Custody Services to the Country
The European Union’s tightening of sanctions on Russian for its continued invasion of Ukraine now includes a ban on all cryptocurrency wallet and custody services. The EU’s eighth package of sanctions...
EU Bans Crypto Services for Russians in New Sanctions Over Ukraine Escalation – Bitcoin News
An array of crypto-related services have been targeted in the latest round of sanctions on Russia approved by the EU. The measures are part of an expected tightening of the economic and financial rest...
EU targets Russia in new sanctions package 1
The European Union (EU) has stepped up its sanctions against Russia with yet another round of suspensions. This time, the Union has announced that all crypto-related services to companies in Russia be...
EU Imposes 8th Wave Sanctions over Russia to Include Blanket Crypto Ban
The European Union (EU) has updated its sanction on Russia, the 8th package, and this time, it unveils zero tolerance for crypto-related transactions. According to a Press Release shared by the 27-me...
EU Tightens Crypto Ban on Russia in Eighth Package of Sanctions
The European Union has now tightened its crypto ban on Russia as part of its continued efforts to calm the ongoing war between Russia and Ukraine. EU Government Approves Sanctions Against Russia Last ...
Russia: new EU sanctions on crypto
Today, 6 October 2022, the European Union approved a new set of sanctions against Russia for its war against Ukraine. This is the EU’s eighth sanctions package aimed at eating into all Russian revenue...
EU tightens crypto ban on Russia in fresh round of sanctions
As Russia’s invasion on Ukraine enters its seventh month, the European Union is tightening the grip of its economic sanctions against the invading country to include all cryptocurrency wallets and mor...
Tornado Cash Sees Drop In Activity After U.S. Treasury Sanctions
The value of Tornado Cash is decreasing, not due to market factors but because of recent controversies. The Office of Foreign Assets Control recently added Tornado Cash to its list of Special Designat...
Nothing ‘unique’ about Tornado Cash as sanctions continue to pinch TORN
Can it be any worse for the already-troubled crypto-mixer Tornado Cash? Not just on the regulatory side, but even on-chain metrics have now revealed a depressing story. From monthly users to weekly de...
Pro-Russian Paramilitary Groups Raised $400,000 in Bitcoin, Crypto to Avoid Sanctions: TRM Labs
Pro-Russian groups are conducting crowdfunding campaigns, raising a significant amount in Bitcoin and other cryptocurrencies to evade U.S. sanctions and support paramilitary operations in war-torn Ukr...
A legal insight into whether crypto sanctions going too far? – SlateCast #22
Partner and member of Crowell & Morning’s International Trade and White Collar & Regulatory Enforcement Groups, Carlton Greene, and Counsel in the International Trade and the White Collar &...
Tornado Cash Monthly Active Users Dropped 50% Following OFAC Sanctions
The sanction of Tornado Cash was, however, met with an extreme rebuff from industry participants, as many argue that sanctioning a piece of code was unhealthy for the growth of the tech world. The onc...
Pro-Russian Groups Evade US Sanctions, Raise $400,000 in Cryptocurrency Donations to Fund the Russian Military – crypto.news
Blockchain intelligence company TRM Labs has announced that pro-Russian military groups are raising funds in cryptocurrency to aid Russian military operations and bypass U.S. sanctions. Pro-Russian Mi...
Crypto Fundraising by Pro-Russian Groups Continues as More Sanctions Put in Place
Groups in Russia are reportedly raising money in crypto to support paramilitary operations and circumvent U.S. sanctions while the war with Ukraine continues. As of Sept. 22, these fundraising groups ...