A US federal court has ruled that the US Treasury Department’s Office of Foreign Assets Control (OFAC) cannot re-impose sanctions on Tornado Cash. Judge Robert Pitman declared in […]
US Court Strikes Down Tornado Cash Sanctions, Sparking Legal Debate
A recent ruling by a U.S. district court has overturned sanctions imposed on Tornado Cash, sparking widespread debate within the legal community. The decision, made in May 2023, […]
Russia Launches Elite Cryptocurrency Exchange for High-Net-Worth Individuals
As sanctions restrict traditional finance, Russia is creating a government-backed crypto exchange specifically targeted at its ultra-wealthy. This initiative will offer access to the burgeoning world of digital […]
Houthis Use $900 Million in Cryptocurrency to Evade US Sanctions
A recent report by blockchain intelligence firm TRM Labs has revealed that the Houthis, a political and armed group controlling Yemen since 2014, have utilized over $900 million […]
Russia Eyes Stablecoins as Sanctions Pressure Drives Financial Independence
Facing the restrictions imposed by Western sanctions, Russia is exploring the creation of its own stablecoins to enhance financial autonomy and reduce reliance on foreign payment platforms. A […]
Russian Businesses Embrace Crypto for Cross-Border Payments as Sanctions Tighten
Amidst the ongoing economic squeeze from sanctions imposed following the conflict in Ukraine, Russian businesses are turning to cryptocurrencies as a viable alternative for international transactions. The country’s […]
Virgil Griffith Released: What Does This Mean for Decentralized Freedom?
Ethereum developer Virgil Griffith has been released from prison after serving a lengthy sentence related to his blockchain presentation in North Korea. While he was initially accused of […]
Missing From Trump’s Tariffs: $22 Billion In Russian Imports Since 2022
Despite the imposition of tariffs on many countries, Russia managed to import nearly $22 billion worth of goods into the United States since 2022. This despite a decline […]
U.S. Sanctions $1 Billion in Crypto Tied to Russian Exchange & Houthi Group
The U.S. Treasury Department has taken a significant step against Garantex and the Houthis, sanctioning eight cryptocurrency wallet addresses linked to both entities. These addresses are estimated to […]
US Sanctions Eight Crypto Wallets Tied to Garantex & Houthis
The US Treasury Department has imposed sanctions on eight cryptocurrency wallet addresses linked to the Russian crypto exchange, Garantex, and the Houthi group. These addresses were identified through […]