News with the tag "Control"

The Treasury Department’s Office of Foreign Asset Control (OFAC) is removing Tornado Cash from its Specially Designated Nationals (SDN) blacklist. According to a new announcement from the Treasury Department, OFAC is removing economic sanctions against the crypto protocol. Tornado Cash is a “crypto ...

Countries targeted by U.S. government sanctions have surged in illicit crypto activity, receiving nearly $16 billion in digital assets last year — about 39% of illicit token transactions — according to a report from Chainalysis released on Wednesday. 2024 was a year in which those nations — especial...

Control, not just ownership, is the goal in Web3. Ownership alone is not sufficient in the decentralized future.

Microchip giant Nvidia’s vice president of government affairs says the new framework will hurt America’s global competitiveness and undermine innovation.

Singapore users claim that Polymarket was blocked, citing the Gambling Control Act 2022, which prohibits betting with unlicensed operators.

Bitcoin sweeps new 2025 lows as Treasury yields rise, and the strengthening US dollar Index forces crypto analysts to revise their short-term price expectations.

According to Cyvers, the 40% yearly increase was mainly driven by growing access control vulnerabilities amid centralized exchanges and cryptocurrency custodians.

The U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) says it is dismantling North Korea’s digital asset money laundering network by taking action against individuals and entities involved in the operation. In a statement, the OFAC says it is sanctioning Chinese nationals Lu Huaying...

The U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) is holding accountable five individuals linked to a money laundering network that enabled Russian elites to circumvent international sanctions. In a statement, the Treasury Department says it is imposing sanctions on those associ...

A U.S. federal appeals court has delivered a major legal victory to the crypto sector by throwing out the U.S. Treasury Department's earlier effort to directly sanction crypto mixing service Tornado Cash. The court found that the government didn't have the proper tools to include the actual technolo...