Browsing the "Sanctions" Tag

US Treasury Sanctions Russian Bank Over Links to Venezuela’s Petro

| Yogita Khatri

The U.S. Department of the Treasury has sanctioned a Moscow-based bank over its role in financing Venezuela’s controversial petro token.

North Korea Hacking Crypto Exchanges to Circumvent Sanctions: UN Panel

| Yogita Khatri

A U.N. Security Council panel has linked North Korea to millions lost in cryptocurrency hacks, Nikkei Asian Review reports.

Venezuela Calls US Sanctions Against Its Petro Cryptocurrency ‘Discriminatory’

| Nikhilesh De

Venezuela has filed a complaint against the U.S. with the World Trade Organization, highlighting sanctions against the petro as one issue.

US Lawmakers Seek Sanctions Against Iran’s Cryptocurrency Efforts

| Zack Seward

A bill introduced this week in Congress takes a hard line on Iran's efforts to develop its own sovereign cryptocurrency.

Cheap Power Is Luring Battered Bitcoin Miners to Iran

| Wolfie Zhao

Some crypto miners are looking to Iran for its low-cost power – but the path to setting up shop in the country is anything but simple.

Bitcoin Trader on US Sanctions Blacklist Says He’s Innocent

| Leigh Cuen

An Iranian bitcoin trader added to the U.S. Treasury's OFAC sanctions list last week claims he’s been wrongfully blacklisted.

Get Ready for Crypto Sanctions Enforcement

| Beau Barnes and Jake Chervinsky

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

Iranian Bitcoin Users Are Already Being Affected By New US Sanctions

| Leigh Cuen

New sanctions from the US government are driving Iranian bitcoin users to pursue more secure and private wallet solutions.

US Regulators Tie Two Bitcoin Addresses to Iranian Ransomware Plot

| Nikhilesh De

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

Bitcoin Price Hits 7-Month High Against Turkish Lira

| Omkar Godbole

Turkey's economic crisis looks to have boosted bitcoin's appeal as a safe-haven asset, pushing it to seven-month highs against the lira.