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Brad Sherman said the Biden administration should have the ability to tell crypto exchanges not to do “business with Russia-based crypto wallets” amid the situation with Ukraine. Go to Source Powered by WPeMatico
The entity had previously called for the government to ban cryptocurrencies in Russia. Go to Source Powered by WPeMatico
“Overattributing cybercrime to cryptocurrency misses critical causes and preventive measures which can be taken,” said former FinCEN acting director Michael Mosier. Go to Source Powered by WPeMatico
Head of International Policy at Chainalysis explains why crypto is not a silver bullet for evading international sanctions. Go to Source Powered by WPeMatico
Digital financial assets like cryptocurrencies can help Russia to reach the global financial market despite western sanctions, a lawmaker working on crypto regulations has stated. The official believes the country is capable of setting up domestic crypto exchanges and should support mining. Russia Can Establish Own Cryptocurrency Exchanges, Deputy Insists The crypto space is an … Read more
Policymakers in Moscow are scrambling to rethink their approach to digital currency as one of several means of protecting the increasingly isolated economy. Go to Source Powered by WPeMatico
As the Russia-Ukraine conflict continues, blockchain surveillance companies have discussed and implemented ways to combat sanctioned countries from using digital assets. Last week, Chainalysis revealed screening tools for crypto firms that aim to comply with international sanctions. On Monday, the CEO of Elliptic published a blog post describing the company’s work to combat sanction evasion. … Read more
Elliptic has discovered a dubious crypto wallet with “significant crypto-asset holdings” in the millions of dollars. Go to Source Powered by WPeMatico
Global regulators continue asking crypto exchanges to comply with sanctions against Russia as the country itself has no legal crypto trading platforms. Go to Source Powered by WPeMatico
The long-anticipated presidential directive drops, EU votes on PoW ban, South Korea gets a pro-crypto president. Go to Source Powered by WPeMatico