Binance leaving Russian market is ‘on the table’: Report
A Binance spokesperson reportedly said the global cryptocurrency exchange was considering all options in regards to Russia, “including a full exit”. Go to Source
Sanctions
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OKX and ByBit remove sanctioned Russian banks from payments list
Tinkoff Bank and Sberbank are no longer available on the list of P2P transactions on ByBit and OKX. Go to Source
Binance P2P removes sanctioned Russian banks from payments list
The crypto exchange removed its “yellow” and “green” codewords from its list of payment methods, which previously referred to sanctioned Russian banks. Go to Source
Binance dubs barred Russian banks on its platform as ‘Yellow’ and ‘Green’ cards
Despite the U.S. DOJ investigating Binance for violation of U.S. sanctions with its services in Russia, the firm has continued to promote its platform in the country. Go to Source
Tornado Cash co-founders charged with money laundering, sanctions violations
Roman Semenov was placed on OFAC’s sanctioned persons list and Roman Storm was arrested as the United States continued its crackdown on the crypto mixer. Go to Source
Tornado Cash lawsuit judge sides with US Treasury in motions for summary judgement
Competing motions for summary judgment saw a federal judge rule the U.S. Treasury with within its authority to declare Tornado Cash a sanctioned entity. Go to Source
US reportedly plans to restrict China’s access to cloud computing services
Report says sources close to the situation have said U.S. officials plan to restrict Chinese companies’ access to cloud computing services as a security measure. Go to Source Powered by WPeMatico
Crypto lobbyists still fighting to axe ‘unlawful’ Tornado Cash sanctions
The crypto industry advocacy group has placed its support behind Coin Center and its lawsuit against the U.S. Treasury over its Tornado Cash sanctions. Go to Source Powered by WPeMatico
Georgian central bank to launch AML probe into crypto firms
The National Bank of Georgia will launch mandatory supervision of virtual asset service providers starting from Sept. 1, 2023. Go to Source Powered by WPeMatico
Russia scraps plans for a national cryptocurrency exchange
Russia will continue to create new crypto platforms in response to sanctions, State Duma official Anatoly Aksakov said. Go to Source Powered by WPeMatico
