The U.S. government has imposed sanctions on Windward Logistics Inc., a Philippine firm accused of facilitating financial transactions linked to cryptocurrency scams. This action showcases the ongoing global […]
US Sanctions Tech Firm Over Crypto Scam Assistance
The U.S. Treasury has imposed sanctions on a Philippine tech firm, Funnull Technology, and its alleged administrator for allegedly facilitating thousands of cryptocurrency scams. The Office of Foreign […]
SWIFT Bolsters Crypto Oversight as Russia and China Seek Sanctions Loopholes
To combat potential sanctions evasion by Russia and China, SWIFT is enhancing its oversight of crypto transactions. This move comes amid growing geopolitical tensions following the Russia-Ukraine war.
U.S. Sanctions KNA for Cyber Fraud, Targeting Criminal Networks
The U.S. Department of Treasury has imposed sanctions on the Karen National Army (KNA), also known as the Karen Border Guard Force, and its leadership due to their […]
U.S. Sanctions Cambodian Firm Over $4 Billion Crypto Laundering
The U.S. Treasury Department has imposed sanctions on Huione Group, a Cambodian firm, for its role in laundering over $4 billion in cryptocurrencies. This action highlights the global […]
Trump’s Sanctions Spark Cryptocurrency Volatility: Oil Prices Surge
Cryptocurrency markets reacted sharply after Donald Trump announced new sanctions targeting Iran’s oil exports. Bitcoin, already down slightly before the announcement, experienced a significant decline following the news. […]
Graham Pushes Hard for Sanctions Against Russia
Senator Lindsey Graham is rapidly advancing a bill targeting Russia with new sanctions and punishing nations continuing to buy its oil, gas, or uranium as President Trump continues […]
Russia Criminalizes Illegal Crypto Mining to Strengthen Control Amid Sanctions
Russia is taking a decisive step to control its burgeoning crypto landscape by criminalizing illegal cryptocurrency mining activities. The move aims to tighten regulation, potentially affecting global markets […]
Tornado Cash Sanctions Lifted: Court Orders OFAC to Stop Enforcement
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 […]