IRS, Chainalysis Helping Ukraine Track Russians Using Crypto to Evade Sanctions

IRS, Chainalysis Helping Ukraine Track Russians Using Crypto to Evade SanctionsThe U.S. Internal Revenue Service (IRS) said it’s working closely with Ukraine to help it trace crypto transactions of Russian sanctions evaders. The agency is providing the Ukrainians access to a Chainalysis tool as well as specialized training to Ukrainian law enforcement. IRS Offers Ukraine Tools From Chainalysis to Trace Russian Blockchain Transactions The criminal […]

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Binance Reportedly Investigated in US for Russia Sanctions Violations

Binance Reportedly Investigated in US for Russia Sanctions ViolationsCryptocurrency exchange Binance is facing a U.S. probe over suspected violations of sanctions against Russia, according to a media report. The inquiry is looking into whether the trading platform was used by Russians to circumvent financial restrictions imposed over Moscow’s invasion of Ukraine. Crypto Exchange Binance Faces Another US Probe, Sources Say The U.S. Department […]

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Ukraine, US Shut Down 9 Cryptocurrency Exchanges

Ukraine, US Shut Down 9 Cryptocurrency ExchangesSupported by U.S. law enforcement, police in Ukraine have disrupted a network of crypto exchange services suspected of laundering criminal proceeds. The platforms were allegedly processing dirty money obtained from ransomware attacks and various fraud schemes. Cyberpolice, US Investigators Bust Crypto Exchanges in Ukraine Officers from Ukraine’s Cyberpolice unit and Main Investigative Department, working with […]

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Ukraine to Adopt Europe’s Crypto Rules, Clarifies Taxation

Ukraine to Adopt Europe’s Crypto Rules, Clarifies TaxationOfficials have revealed that Ukraine intends to implement the crypto market rules approved by the European Parliament. While the government is already moving in that direction, the tax service has issued a clarification regarding the taxation of income resulting from cryptocurrency transactions. Ukraine Set to Incorporate EU Crypto Regulations Into National Law A regional leader […]

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