sanction – DIGIT INFO

Blockchain Association files support in suit to lift Tornado Cash sanctions

DIGIT — Tue, 21 Nov 2023 01:00:15 +0000

The crypto advocacy group said OFAC must act within its statutory authority by sanctioning bad actors, not open-source software tools.

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Two more charged with teaching North Koreans to evade US sanctions with crypto

DIGIT — Wed, 27 Apr 2022 07:59:12 +0000

Two EU citizens have been indicted for violating U.S. sanctions on North Korea when they jointly planned a crypto conference there.

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US Treasury Sanctions 2nd Cryptocurrency Exchange, Seizes $6.1 Million

DIGIT — Tue, 09 Nov 2021 17:30:46 +0000

The U.S. Treasury Department has sanctioned a second cryptocurrency exchange “for facilitating financial transactions for ransomware actors.” Two ransomware operators have also been sanctioned and $6.1 million in funds were seized. US Treasury Sanctions Another Cryptocurrency Exchange The U.S. Department of the Treasury announced Monday that its Office of Foreign Assets Control (OFAC) has sanctioned […]

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US Sanctions Russian Crypto Broker Suex for Laundering Millions in Illicit Funds

DIGIT — Wed, 22 Sep 2021 15:00:12 +0000

The U.S. Treasury Department has blacklisted Suex, a cryptocurrency broker based in Russia, for its money laundering activities. The platform is suspected of processing hundreds of millions of dollars in crypto transactions related to scams, ransomware attacks, darknet markets, and the infamous BTC-e exchange. OFAC Adds Russian Crypto OTC Exchange Suex to Blacklist The Office […]

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VERDAD is the Most Dangerous Crypto Bill to Face Congress Yet

DIGIT — Thu, 19 Sep 2019 21:00:31 +0000

The U.S. Congress is considering more than 20 bills on cryptocurrency. One deserves special attention: S.1025, the Venezuela Emergency Relief, Democracy Assistance and Development Act (VERDAD). “Verdad” is Spanish for “truth.” If VERDAD passes, it will be the first time a specific crypto has been deemed illegal for Americans at home or abroad to use. […]

The post VERDAD is the Most Dangerous Crypto Bill to Face Congress Yet appeared first on Bitcoin News.

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Japanese Regulator Responds to Reports of Overhauling Crypto Regulation

DIGIT — Thu, 05 Jul 2018 01:40:48 +0000

Japan’s top financial regulator has responded to media reports that it is considering overhauling the way cryptocurrency is regulated in the country. The authority has been under fire for the inadequacy of its crypto exchange registration process after it issued business improvement orders to a number of exchanges it previously approved. Also read: Yahoo! Japan Confirms […]

The post Japanese Regulator Responds to Reports of Overhauling Crypto Regulation appeared first on Bitcoin News.

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Trump Signs Executive Order Banning Venezuela’s Petro Cryptocurrency

DIGIT — Mon, 19 Mar 2018 18:55:08 +0000

U.S. president Donald Trump has signed an executive order banning American citizens from using Venezuelan cryptocurrencies. In effect, this means that the petro, recently launched by Venezuelan president Nicolas Maduro, is now illegal in the U.S. The controversial cryptocurrency was widely seen as a means to evade economic sanctions imposed by the U.S. The executive […]

The post Trump Signs Executive Order Banning Venezuela’s Petro Cryptocurrency appeared first on Bitcoin News.

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Russian Lawmaker Proposes Legalization of Cryptocurrencies to Attract Investments

DIGIT — Thu, 22 Feb 2018 15:30:48 +0000

The head of the Russian State Duma Committee for Economic Policy has proposed legalizing cryptocurrencies in order to attract foreign investments including from countries with anti-Russian sanctions. Also read: Indians Look to Buy Bitcoin Overseas as Regulations Tighten Proposal to Legalize Cryptocurrencies The chairman of the State Duma Committee for Economic Policy, Sergey Zhigarev, proposed the […]

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