crypto sanctions – DIGIT INFO

Tornado Cash left a void, time will tell what fills it — Chainalysis chief scientist

DIGIT — Thu, 22 Sep 2022 05:58:47 +0000

There’s a hole to be filled where Tornado Cash once was, and “junior mixers” are vying for position in the wake of the mixers sanction and ban by the U.S. Treasury.

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G7 Countries: We Will Ensure Russia Cannot Use Crypto Assets to Evade Sanctions

DIGIT — Mon, 14 Mar 2022 02:30:46 +0000

The Group of Seven (G7) countries issued a joint statement stating that they “will ensure that the Russian state and elites, proxies and oligarchs cannot leverage digital assets as a means of evading or offsetting the impact of international sanctions.” Meanwhile, the U.S. Treasury Department is “closely monitoring any efforts to circumvent or violate Russia-related […]

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Binance, Coinbase Explain Why Cryptocurrency Won’t Help Russia Evade Sanctions

DIGIT — Mon, 07 Mar 2022 04:30:23 +0000

The chief executives of two major cryptocurrency exchanges, Binance and Coinbase, do not believe that cryptocurrency is an effective tool to help Russia evade Western sanctions. CEOs of Binance and Coinbase Say Crypto Not Useful at Evading Sanctions Since Russia began its invasion of Ukraine, governments worldwide have raised concerns that cryptocurrency could be used […]

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Hillary Clinton Urges Biden Administration to Pressure Crypto Exchanges to Block Russian Users

DIGIT — Wed, 02 Mar 2022 03:00:26 +0000

Former presidential candidate Hillary Clinton has criticized the Biden administration and European governments for not pressuring cryptocurrency exchanges to end transactions with Russian users. She believes regulators “should look hard at how they can prevent the crypto markets from giving an escape hatch to Russia, both governmental and private transactions in and out of Russia.” […]

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