News with the tag "Sanction"

Bitcoin Magazine US Treasury Removes Tornado Cash From OFAC Sanctions List The Department of Treasury has lifted Sanctions on Tornado Cash, the Ethereum based smart contract mixer, following a series of legal defeats and administrative challenges. “Based on the Administration’s review of the novel l...

In a stunning reversal that has sent ripples of excitement through the cryptocurrency world, the U.S. Treasury has reportedly lifted sanctions on Tornado Cash! Yes, you read that right. After a period of uncertainty and restricted access, it appears Americans can once again legally interact with thi...

The U.S. Department of the Treasury has lifted sanctions against Tornado Cash, a decentralized cryptocurrency mixer, effectively legalizing its use for American citizens. This move reverses the August 2022 sanctions imposed by the Office of Foreign Assets Control, which had accused the platform of f...

In a dramatic escalation of regulatory pressure within the cryptocurrency space, the United States Secret Service (USSS) has reportedly taken decisive action against Garantex, a Russian cryptocurrency exchange already under the weight of U.S. and EU sanctions. This bold move, first reported by TechC...

In a world grappling with economic sanctions and geopolitical tensions, the role of cryptocurrencies is becoming increasingly significant. Russia, facing a barrage of international sanctions, is turning to digital assets as a potential workaround. But can sanctions truly cripple a nation’s access to...

In a dramatic turn of events shaking the cryptocurrency landscape, Russian crypto exchange Garantex has abruptly suspended all trading and withdrawals. This drastic measure comes in the wake of a significant $27 million USDT freeze by Tether, the issuer of the world’s largest stablecoin. The freeze,...

Stablecoin issuer Tether has frozen $28 million worth of USDT on Russian crypto exchange Garantex. Garantex, which has been sanctioned by the European Union for links to the Russian government and criminal organizations, has suspended all its services temporarily, the exchange announced on Telegram ...

Sanctioned crypto exchange Garantex has shut down its services shortly after Tether froze nearly 2.5 billion in worth of USDT in Russian rubles. Russia ‘s largest and sanctioned cryptocurrency exchange Garantex has temporarily shut down all of its services after Tether froze over 2.5 billion rubles ...

The U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) is blacklisting a handful of crypto addresses linked to a man known for allegedly running Nemesis, a now-defunct darknet marketplace. In a new press release, the OFAC says that it is sanctioning Iranian national Behrouz Parasad a...

Russia mulls experimental cryptocurrency trading for top-tier investors, with a $250,000 minimum asset holding. Russia is exploring the idea of launching experimental cryptocurrency trading for top-tier investors, a move that would allow a select group to participate in the cryptocurrency market, st...