Tag: OFAC
Cryptocurrency Mixing Services: Navigating the Fine Line Between Privacy and Illegality
Explore the contentious world of cryptocurrency mixing services, privacy implications, and the consequences of Tornado Cash’s sanctions.
FinCEN Alerts Financial Institutions on Crypto Threat Amid Russia Sanctions
FinCEN warns financial institutions to monitor crypto for potential sanction evasion by Russia amid Ukraine conflict. Stay informed and vigilant!
U.S. Treasury Hits Iranian Ransomware Group with New Sanctions
The U.S. Treasury imposes sanctions on an Iranian ransomware group linked to cyberattacks, underscoring a serious fight against cybercriminals.
Tether’s Bold Stance on Tornado Cash: A Stablecoin Response to U.S. Sanctions
Tether defies U.S. sanctions on Tornado Cash, sparking debate on crypto regulations and issuer responsibilities.
Kraken’s New CEO Stands Firm Against SEC Registration
New Kraken CEO Dave Ripley declares no SEC registration is planned, fueling tensions with SEC Chairman Gary Gensler over crypto regulations.
Congressman Tom Emmer Challenges Treasury’s Action on Tornado Cash with Key Questions
Rep. Tom Emmer questions the Treasury’s sanction of Tornado Cash, raising crucial points about transparency and user rights in decentralized finance.
Treasury Department Sanctions Tornado Cash: A Mixer in Hot Water
The U.S. Treasury Department has sanctioned Tornado Cash amidst laundering allegations. What does this mean for crypto users and mixers?
Record-Breaking Illicit Cryptocurrency Transactions in 2022: What You Need to Know
Discover the record-breaking illicit cryptocurrency transactions of 2022, the impact of sanctions, and new measures by regulators.
Kraken Under Scrutiny: A Dive Into OFAC’s Sanctions Investigation
Kraken is under investigation by OFAC for allegedly violating U.S. sanctions by allowing accounts from Iran and other countries to trade crypto.
Ethereum’s OFAC Compliance Rate Plummets to New Lows: A Win for Censorship Resistance
Ethereum’s OFAC compliance rate has dropped to 47%, signaling a fight against censorship. The community’s resilience is evident, but challenges remain.
