2018-12-2 14:40 |
Recent OFAC actions are just the first step in crypto sanctions enforcement, write attorneys Beau Barnes and Jake Chervinsky. origin »
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The US and UK governments have launched a joint investigation into crypto transactions worth over $20 billion that may have violated Russian sanctions, Bloomberg News reported on March 28. The transactions, suspected of being routed through the Russia-based crypto exchange Garantex, aim to evade international sanctions and potentially fund military activities in Ukraine.
2024-3-29 21:42 | |
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Russian troops in Ukraine receive millions in crypto donations, despite international sanctions. CoinDesk investigates how these funds are flowing and talks to fundraisers.
2023-2-13 17:24 | |
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The U. S. and other financial institutions and law enforcement agencies are stepping up their efforts to sanction crypto entities. The U. S. and its Office of Foreign Assets Control (OFAC) changed the modus operandi employed to impose sanctions.
2023-1-10 22:33 | |
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With state governments increasing financial sanctions in 2022, crypto services might become as cautious about "risky" users as banks have been traditionally, says Anna Baydakova.
2022-12-13 18:30 | |
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One of the biggest inconveniences in the cryptocurrency world is the way that various countries restrict it with their regulatory measures. However, economic policies outside of cryptocurrencies, like bans against doing business with certain countries, can lead platforms to modify their policies on the areas that they are willing to function in. Users in Belarus […]
2018-11-30 07:09 | |
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The leading crypto industry association in Crimea has proposed establishing an international training center to prepare experts from countries that have been placed under western sanctions. The idea is to use advanced technologies associated with cryptocurrencies to attract foreign investors to these jurisdictions.
2018-11-17 22:20 | |
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In response to US Sanctions against Iran, Malta-based crypto platform Binance has advised its Iranian users to remove their investments from the crypto exchange.
2018-11-16 21:11 | |
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Crypto exchange Binance is advising its remaining users in Iran to withdraw their money as the cryptocurrency exchange seeks to comply with international sanctions. “If you have an account with Binance and fall into that (sanctions) category, please withdraw your assets from Binance as soon as possible,” – reads an email received in recent days […]
2018-11-17 16:02 | |
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While situation with Iran and Venezuela and with their involvement in crypto market is more or less clear, then nothing is clear about South African Zimbabwe. We have already written how serious approach have been made by Iran, because its economy is suffering from sanctions.
2018-11-16 13:10 | |
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Binance is advising its remaining users in Iran to withdraw their money as the cryptocurrency exchange seeks to comply with international sanctions.
2018-11-16 00:00 | |
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Development Of Iran’s Crypto Economy The Russian Association of Cryptocurrency and Blockchain and Iran Blockchain Labs both signed a partnership document in which the two will go forward and implement digital technology in Iran.
2018-11-15 20:36 | |
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Experts from Russia will provide support for the development of Iran’s crypto-economy. The cooperation is part of an agreement reached by representatives of leading industry organizations from the two countries, both subjected to western sanctions.
2018-11-15 03:55 | |
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Global provider of secure financial messaging services, SWIFT, has ousted the Central Bank of Iran (CBI) from its financial banking system. The US-led sanctions will make it difficult for Iran to settle its international deals.
2018-11-13 18:00 | |
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A recent FinCEN advisory has stated that the re-imposition of economic sanctions on November 5 could drive Iran to get more serious about the cryptocurrency experiments it began in 2013. Could Iran Follow North Korea’s Lead Evading Sanctions Using Crypto? Iran has made little secret of its interest in cryptocurrency.
2018-11-8 01:20 | |
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New Economic Sanctions in US Leads To Withdrawal of Multiple Crypto Exchanges From Iran In an announcement from the US government, new economic sanctions have been established that will prevent the majority of the world from using many of Iran’s major resources, including their oil, shipping, and gas market. Their financial system is included in […]
2018-11-8 01:18 | |
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Galaxy Capital–backed BlockFiis taking its loan services to the global stage. According to a statement shared with Bitcoin Magazine, the platform is expanding its services to an international audience.
2018-10-31 17:17 | |
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Members of the ruling elite in North Korea are suspected of launching two scams aimed at exploiting gullible crypto investors still attempting to get in early on a potential moon shoot. The totalitarian state is thought to be using such schemes to stay afloat in the face of international sanctions.
2018-10-27 00:00 | |
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The Financial Crimes Enforcement Network has warned U. S financial institutions that the Iranian government might be dodging economic sanctions by using cryptocurrencies. The document highlights challenges arising from peer-to-peer virtual currency exchanges and encourages banks to monitor blockchain ledgers for transactions tied to the country.
2018-10-15 15:35 | |
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Concerns are growing surrounding Iran’s use of cryptocurrencies like Bitcoin and Monero – and soon, their own native cryptocurrency – to evade economic sanctions put in place by the U. S. , prompting FinCEN to issue an advisory on the topic.
2018-10-13 02:30 | |
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U.S. regulator FinCEN is urging domestic exchanges to prevent Iran from using cryptocurrency to bypass economic sanctions.
2018-10-12 13:00 | |
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A region in Northern Syria named Rojava is looking to implement cryptocurrency to overcome economic sanctions.
2018-10-11 03:05 | |
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Ever heard of the term crypto laundering? North Korea (DPRK) is trading, laundering and mining cryptocurrencies such as Bitcoin (BTC) and possibly Monero (XMR) in order to evade U. S. sanctions, intelligence experts tell Asia Times.
2018-9-28 16:30 | |
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In spite of the sanctions that have been re-implemented by the United States earlier this year, members of the European Union, who were also signatories to the Iran nuclear deal signed under the Obama Administration, are now seeking to create individual payment channels to conduct business with the Islamic Republic of Iran. This news is […]
2018-9-27 22:41 | |
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Cybersecurity and anti-money laundering experts believe that North Korea could be using cryptocurrencies to acquire USD. The country is likely developing its own cryptocurrency and private blockchain.
2018-9-27 12:00 | |
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According to Cryptoglobe, two US based finance experts, Lourdes C. Miranda and Ross Delston have told Asia Times that they believe North Korea (DPRK) could be mixing cryptocurrencies in order to get hold of US Dollars, in a move designed to totally undermine US economic sanctions.
2018-9-26 20:00 | |
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“International Criminals Prefer Crypto, North Korea Is No Exception” North Korea, one of the most secretive nations on the entire globe, is reportedly utilizing cryptocurrencies and digital assets to bypass international sanctions imposed on the hermit nation by the United States and its allies.
2018-9-25 07:00 | |
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North Korea is reportedly ramping up the use of cryptocurrencies to evade US economic sanctions. It’s also alleged that the country is developing its own native crypto asset to further assist moving money across borders, according to a duo of financial intelligence analysts from Washington D.
2018-9-24 22:00 | |
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Iran’s defiance of the US sanctions and its entry into alternative financial systems is creating inroads for cryptocurrencies. After being sidelined from the Belgium-based global banking and finance system SWIFT, the country is left with few options to handle payments and remittances internationally.
2018-9-6 16:59 | |
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Recently, Iran have announced that they will start to recognise cryptocurrency mining as an industry. This comes after an increased pressure on the country by the United States changing the economic sanctions.
2018-9-5 18:00 | |
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In response to a number of economic sanctions imposed on Iran by the United States, the country had announced that it would be considering the production of a native cryptocurrency, designed to help Iranian banks avoid the sanctions imposed by the Trump administration.
2018-8-30 23:00 | |
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Iran has been developing a national cryptocurrency, a move that could allow them to evade US economic sanctions. Informatics Services Corporations, the country’s leading provider of banking systems, has reportedly been designing and developing the cryptocurrency and has now revealed its features.
2018-8-28 15:55 | |
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With regulations on the horizon, high-ranking officials in Russia have come up with ideas on how to harness cryptocurrencies when, hopefully, they are finally legalized. The need of finding ways to circumvent sanctions on several fronts seems to be the main incentive for the ingenuity in the corridors of power in Moscow.
2018-8-28 13:15 | |
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Turkey’s Citizens Are Looking Toward Bitcoin United States imposed sanctions on Turkey have had negative consequences upon the country and there is no indication of the Trump Administration changing its stance.
2018-8-21 21:05 | |
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Right after Washington’s move to impose sanctions that will restrict Iran’s access to US currency, reports came out that Tehran is speeding up the project to develop a national cryptocurrency. Officials in the Islamic Republic believe the state-issued coin could help circumvent the restrictions imposed by the Trump administration.
2018-8-11 02:10 | |
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Iran is beating the crypto drums amid a plunging Rial and biting US sanctions that have led to some turmoil in ancient Persia. President Hassan Rouhani has ordered a speeding... The post Iran Turns to Crypto as Geopolitics Greets the 21st Century appeared first on Trustnodes.
2018-8-9 13:37 | |
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Hackers in Iran are reportedly developing elaborate illegal means of obtaining cryptocurrency. This move comes as the country’s economy continues its downward spiral amidst the impending renewal of sanctions from the United States.
2018-8-9 23:46 | |
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Iran is planning to issue its own national crypto in the face of looming sanctions by the US government. The Middle Eastern country intends on working with local companies with expertise in cryptography and technology to develop the national crypto, with the country’s central bank being in charge of the development process. This is not […]
2018-7-29 00:00 | |
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Iran to Create Country-Backed Crypto After U. S Limits Access to USD Iran’s news platform, PressTV reported that Iran will be taking the mandatory actions to establish its own cryptocurrency. The decision stemmed out of necessity as the U.
2018-7-27 18:39 | |
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The government of Iran is preparing to launch its own cryptocurrency, according to state-controlled media reports. The intended purpose of the new Iranian govcoin is to help the country skirt the international financial sanctions meant to cut its access to the global economy.
2018-7-27 04:45 | |
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In order to curb inflation in Venezuela, five zeroes will be removed from the national currency, the Bolivar according to July 26, 2018, reports. Furthermore, the value of the money will reportedly be tied to the government-controlled cryptocurrency, the Petro.
2018-7-27 23:00 | |
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We all seem to forget that cryptocurrency was made for this exact reason. By using the blockchain, cryptocurrency can allow citizens to break free from economic pressure to seek liberation from sanctions.
2018-7-26 14:00 | |
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Crowdfunding Social petition platform, Change. org, has announced the launch of a screensaver that mines Monero on behalf of the organization. “The Mining Screensaver” will pool the computing power of the program’s users, with all XMR generated being automatically transferred to the Change.
2018-7-18 01:01 | |
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Iran Is Considering To Use Cryptocurrencies To Help Evade The US Sanctions Iran might be employing the crypto coins as part of its effort in circumventing the current sanctions that are coming from the US.
2018-7-18 00:30 | |
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Social petition platform, Change. org, has announced the launch of a screensaver that mines Monero on behalf of the organization. “The Mining Screensaver” will pool the computing power of the program’s users, with all XMR generated being automatically transferred to the Change.
2018-7-18 23:15 | |
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Economy & Regulation Iran may employ cryptocurrencies as part of its efforts to circumvent the upcoming US sanctions, according to a high-ranking Iranian lawmaker who said the matter will be discussed in parliament soon.
2018-7-17 09:36 | |
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The government in Iran has gagged bitcoin exchanges across the country, claim bitcoin users and alternate coin community of the Islamic state. The government has been censoring its citizens from engaging in crypto-economy, to apparently counter the fresh round of economic sanctions that the US government is looking to impose later in August this year.
2018-7-5 21:31 | |
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Several Iranians exclusively told CoinDesk they are having trouble accessing crypto exchanges like Binance, Blockchain and LocalBitcoins, even with virtual private networks (VPNs) and other workarounds that were already commonplace because of international sanctions.
2018-7-4 09:51 | |
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One of Cambodia’s wealthiest businessmen has been hit with U.S. sanctions for allegedly playing a role in serious human rights abuses – including human trafficking and torture – tied to a pig butchering scam operation headquartered in the Southeast Asian country.
Last October, the Financial Crimes Enforcement Network (FinCEN) – the U. S. Treasury Department's money laundering watchdog – announced a proposal to label crypto mixers as a "primary money laundering" concern, a move that alarmed a broad swath of the crypto industry.
Blockchain analytics firm Elliptic found that the online organization raised a mere $21,000 in crypto for Hamas since the October 7th attacks.
США, Великобритания и Австралия ввели санкции против гражданина России Александра Ермакова, связанного с группой хакеров REvil. Власти Соединенных Штатов считают его причастным к взлому страховой компании Medibank и требованию выкупа в криптовалюте.
Генеральный директор Tether признал проблемы, сопутствующие достоверной верификации объема резервов компании, и заверил, что они гарантированно превышают 100%. А значит стейблкоину USDT ничего не угрожает.
After a blockchain sleuth reported that the Bitcoin mining pool may have censored a transaction from an address blacklisted by U.S. authorities, critics responded, and so did the project's co-founder.
Binance is paying one of the largest fines in corporate history to the U. S. Department of Justice, while its founder and CEO, Changpeng "CZ" Zhao, stepped down from his role running the platform as part of a settlement with multiple federal agencies.