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Nalezeno "g7 sanctions": 927

US Treasury sanctions USDC and ETH addresses connected to Tornado Cash

8.8.2022
The protocol was at the center of some recent hacks and exploits in decentralized finance, including a $375-million attack in February and a $100-million hack in June

Report: Digital Currency Exchange Kraken Under Investigation for Violating OFAC Sanctions

27.7.2022
On Tuesday, a newly published report details that the cryptocurrency exchange Kraken is under federal investigation for allegedly violating U.S. sanctions, according to five people familiar with the matter. The unknown sources explained that the inquiry into Kraken started in 2019, and it’s...

Treasury's OFAC is investigating Kraken for violating US sanctions: Report

26.7.2022
More than 1,500 users with residences in Iran reportedly had accounts at Kraken as of June, while 149 users in Syria and 83 in Cuba were also able to access the crypto exchange

Kraken Under Investigation for Alleged Sanctions Violations: Report

26.7.2022
The Times reported that Kraken allegedly allowed Iranian users onto the platform

Over Half of This Year’s Financial Pyramids in Russia Involved Crypto, Bank of Russia Finds

17.7.2022
A majority of the financial pyramids identified in 2022 used cryptocurrencies in one way or another, Russia’s central bank announced in a new report. Amid Western sanctions, Russian scams have stepped up their activities, often claiming to be licensed by foreign authorities to offer access...

Bank of Russia Says Stablecoins Are Not Suitable for Settlements

14.7.2022
The Central Bank of Russia has spoken out against stablecoins, which it says are highly risky and not fit for payments. The monetary authority reacted to a statement by a top finance ministry official who suggested that his department would support the development of Russian stablecoins....

Russian Blockchain Alternative to SWIFT to Prevent Disconnection of Nations, Banks

13.7.2022
A Russian university is ready to test its blockchain-based analogue to the global payment messaging network SWIFT, from which Russian banks were cut off as part of Western sanctions. The developers say their system would not allow the disconnecting of countries and banks. Russian Developers Create...

REPORT: Binance allegedly continued to serve Iranian customers, despite ban and sanctions

11.7.2022
Iranian cryptocurrency users claim to have used global exchange Binance months after a company-imposed ban and renewed economic sanctions against the country

US Asks Japan to Pressure Crypto Exchanges, Miners Working With Russia, Report Unveils

9.7.2022
U.S. diplomats have reportedly called on authorities in Tokyo to increase pressure on Japanese crypto exchanges and miners to sever links to Russia. The request was made to deepen Moscow’s financial isolation amid the ongoing Russian assault on Ukraine. Washington Wants Japan’s Crypto...

The Moscow Exchange is a good base for crypto trading, Russian lawmaker says

7.7.2022
MOEX is likely to do a great job in launching a crypto trading division due to its full compliance with the rules of the Bank of Russia, the official said

Demand for Hardware Crypto Wallets Increases Amid Currency Restrictions in Russia

7.7.2022
Hardware wallets designed to securely store cryptocurrency have seen a several-fold increase this spring in Russia, on the backdrop of currency restrictions introduced amid foreign sanctions. Ledger and Tangem have been the most popular products on the market, a media report revealed. Russians...

Russians banned from accessing Bitmex within European Union

5.7.2022
Russian citizens or residents will no longer be able to access BitMEX services from the European Union after July 11, 2022

Ruble Hits 7-Year High, Bukele, O’Leary Unfazed by Crypto Downturn, Elon Musk Will Keep Buying DOGE — Bitcoin.com News Week in Review

26.6.2022
As sanctioned Russia’s fiat currency soars in value against the U.S. dollar, and crypto markets remain unpredictable, economists and crypto enthusiasts continue to puzzle and debate over what the next market move will be. In spite of this, several influential voices remain unperturbed when...

Netherlands-Based Coinbase Customers Required to Submit KYC Data When Transferring Crypto off the Platform

26.6.2022
Coinbase has announced that the company plans to introduce a number of changes for customers in the Netherlands in order to comply with the 1977 Sanctions Act, a law that recently applied know-your-customer (KYC) guidelines to non-custodial wallets. If the person living in the Netherlands wants...

Bank of Russia Accelerates Schedule for Digital Ruble Project

26.6.2022
The Central Bank of Russia continues to step up efforts to test and issue the digital ruble, with a roadmap for the full implementation of the new form of the national fiat now expected by the end of 2023. Trials with real transactions and users are scheduled to begin next April, earlier than...

Cryptocurrency Exchange Uphold Leaves Venezuela Due to US Sanctions

24.6.2022
Uphold, a New York-based cryptocurrency exchange, has announced it is closing its operations in Venezuelan markets. The company, which has already had problems with users in the country in the past — shutting down accounts and requiring KYC controls that some users deemed excessive —...

Canadian Regulator OSC Takes Action Against Crypto Trading Platforms Kucoin and Bybit

24.6.2022
The Ontario Securities Commission (OSC) has taken action against two cryptocurrency trading platforms. Kucoin is permanently banned from participating in Ontario’s capital markets. Bybit has promised to take steps to comply with regulations and register with the OSC. OSC Sanctions 2 Crypto...