Anchorage Digital, a regulated crypto bank, supports the Treasury's AML rules for stablecoins but seeks vital clarity on secondary market sanctions.
The European Union is reportedly moving to broaden its sanctions against Russia by proposing a ban on transactions involving 11 cryptocurrency platforms.
A key piece of U.S. crypto legislation, the 'Clarity Act', is facing scrutiny over potential gaps that could enable money laundering, sanctions evasion, and conflicts of interest.
Blockchain researchers warn that broad sanctions against HTX could blur crypto risk signals, potentially harming legitimate users and hindering illicit fund tracing.
A British teenager has been sanctioned by Russia, allegedly for his research into the nation's use of cryptocurrency to bypass international restrictions.
Russia has sanctioned a British teenager following claims that the A7A5 stablecoin, designed to bypass sanctions, was used to fund the Ukraine war.
Despite Western sanctions, the Russian ruble-backed stablecoin A7A5 has processed over $110 billion in transactions, CertiK reports.
A novel theory circulating on social media suggests that recent Bitcoin price instability, including its re-testing of February lows, could be linked to Iranian sanctions rather than typical institutional selling.
The US Treasury Department has sanctioned four Iranian crypto exchanges, intensifying its efforts to combat illicit finance after recent seizures of nearly $1 billion in digital assets.
The US Treasury has imposed sanctions on several Iranian cryptocurrency exchanges, including Nobitex, citing their role in facilitating illicit financial operations and terrorist financing.
The U.S. Treasury has blacklisted four Iranian cryptocurrency exchanges, including Nobitex, and several executives, citing links to terror financing and other illicit activities.
U.S. Treasury sanctions Iran's largest crypto exchange, Nobitex, and its executives, escalating efforts against alleged illicit financial activities and sanctions evasion.
US Treasury Secretary Scott Bessent announced the seizure of approximately $1 billion in cryptocurrency assets linked to Iran, underscoring efforts against illicit digital finance.
The U.S. Treasury has revealed it seized almost $1 billion in cryptocurrency tied to Iran, intensifying economic pressure amid ongoing geopolitical tensions.