Sanctions

Regulation

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

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

Policy & regulation  ·  13 March 2019
Hacking

North Korea Hacking Crypto Exchanges to Circumvent Sanctions: UN Panel

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

Policy & regulation  ·  8 March 2019
Regulation

Venezuela Calls US Sanctions Against Its Petro Cryptocurrency ‘Discriminatory’

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

Policy & regulation  ·  9 January 2019
Congress

US Lawmakers Seek Sanctions Against Iran’s Cryptocurrency Efforts

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

Markets  ·  21 December 2018
Bitcoin

Cheap Power Is Luring Battered Bitcoin Miners to Iran

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.

Business  ·  12 December 2018
Bitcoin

Bitcoin Trader on US Sanctions Blacklist Says He’s Innocent

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

Policy & regulation  ·  4 December 2018
Sanctions

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.

Business  ·  2 December 2018
Bitcoin

Iranian Bitcoin Users Are Already Being Affected By New US Sanctions

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

Policy & regulation  ·  29 November 2018
Regulation

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.

Policy & regulation  ·  28 November 2018
Sanctions

Iran Plans National Cryptocurrency as New US Sanctions Loom

Iran may soon issue its own cryptocurrency in a move aimed to bypass economic sanctions enacted by U.S. President Donald Trump.

Policy & regulation  ·  26 July 2018
Regulation

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.

Policy & regulation  ·  28 April 2018
Sanctions

Crypto Investors Should Stay Away from Venezuela’s Petro

Crypto enthusiasts around the world should send a strong signal to President Maduro that blockchain technology will not be used to support corruption.

Markets  ·  25 March 2018
Regulation

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.

Policy & regulation  ·  24 March 2018
Sanctions

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.

Markets  ·  21 March 2018
Sanctions

Making Peace with a Crypto Axis of Evil

The latest awkward use case for cryptocurrency is funding rogue states led by egotistical dictators. The world may just have to live with this.

Business  ·  27 February 2018