OFAC

US Sanctions Moscow’s Evrofinance Bank Over Involvement With Petro

US Sanctions Moscow-Based Bank Evrofinance Over Involvement With PetroThe U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has imposed sanctions on Moscow-based Evrofinance Mosnarbank. The Russian bank was allegedly involved in Venezuela’s attempts to bypass financial sanctions using the petro. Also Read: In the Daily: Exchange to List STOs, Crypto Tax Tool for Accountants, Coinbase Updates US Sanctions Evrofinance The […]

The post US Sanctions Moscow’s Evrofinance Bank Over Involvement With Petro appeared first on Bitcoin News.

Thousands of Banned Binance Customers Remain Cut off by the Exchange

No Respite for Thousands of Binance Users Controversially Cut off by the ExchangeBinance, the world’s second largest digital asset exchange by traded volume, has withdrawn its services from countries targeted by U.S. economic sanctions, in line with its controversial revised terms of use. However, the ban affects entire populations in countries such as Zimbabwe, where U.S. restrictions are supposed to specifically target individuals and companies. Also read: Bitcoin […]

The post Thousands of Banned Binance Customers Remain Cut off by the Exchange appeared first on Bitcoin News.

Treasury Official: Global Regulators Must Follow US Lead in Crypto Enforcement

U.S. Treasury Department Under Secretary Sigal Mandelker called for global efforts to police malicious actors' use of cryptocurrencies.

Get Ready for Crypto Sanctions Enforcement

Recent OFAC actions are just the first step in crypto sanctions enforcement, write attorneys Beau Barnes and Jake Chervinsky.

US Regulators Tie Two Bitcoin Addresses to Iranian Ransomware Plot

For the first time, the U.S. Treasury Department is adding crypto addresses to its list of Specially Designated Nationals.

The Crypto Community Must Use the Blockchain to Self-Police

The everyday crypto user in the future is likely to spend time identifying illicit wallets and transactions to avoid, thanks to the U.S. Treasury.

OFAC's Bitcoin Blacklist Could Change Crypto

With just one paragraph, an agency of the U.S. government may have just radically altered the dynamics of the cryptocurrency ecosystem.

U.S. Treasury Plans to Add Cryptocurrency Addresses to the SDN List

U.S. Treasury Plans to Add Cryptocurrency Addresses to the SDN ListThis week the U.S. Treasury Department issued guidelines on how the Office of Foreign Assets Control (OFAC) could add cryptocurrency addresses to the country’s sanction list. Also read: New Tools Help Crypto Traders Make Smarter Decisions Cryptocurrency Addresses to be Added to the U.S. Sanctions List The U.S. government may soon have the ability to add […]

The post U.S. Treasury Plans to Add Cryptocurrency Addresses to the SDN List appeared first on Bitcoin News.

US Could Put Crypto Wallets on OFAC Sanctions List

The Treasury Department may start publishing wallet addresses along with the names of people and organizations with whom it forbids doing business.

Sanctions Showdown Looms for US and Cryptocurrency

If OFAC turns its eye toward cryptocurrencies, it could be only a matter of time before it makes an example of one or more entities to send a message.

Pages

Subscribe to RSS - OFAC