8 / 8 Relevant items tagged with #Sanctions

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Proactive sanctions can help spare the ecosystem: Chainalysis exec

[Dec 7, 2022 7:53 AM] Andrew Fierman highlighted the nuances of sanctions depending on who is involved, what is at stake and where they’re coming from.

Kraken settles with US Treasury's OFAC for violating US sanctions

[Nov 28, 2022 1:13 PM] The U.S.-based crypto exchange agreed to pay more than $362,000 as part of a deal “to settle its potential civil liability” related to violating sanctions against Iran.

Venezuelan Currency Plunges Almost 40% Against the US Dollar, Analysts Cite Crypto Drought as Part of the Problem

[Nov 27, 2022 3:00 PM] The Venezuelan fiat currency, the bolivar, has lost almost 40% in its exchange rate against the U.S. dollar in a month. According to reports, the seasonal payments that the government has to make, and the lack of liquidity of the government to…

Putin Calls for International Settlements Based on Blockchain and Digital Currencies

[Nov 27, 2022 5:00 AM] Russian President Vladimir Putin believes a new system for international money transfers is needed to reduce dependence on big banks and third parties. He is convinced that cross-border payments relying on digital currency and distributed ledger…

Russia Prepares to Create Government-Controlled Crypto Exchange

[Nov 24, 2022 8:30 AM] Lawmakers in Russia are drafting legislation that would allow the establishment of a “national cryptocurrency exchange,” local media unveiled. Coins now circulate outside of government oversight and the Russian state is losing budget revenues in…

Russia and Cuba Eye Cryptocurrencies for Settlements Amid Sanctions

[Nov 17, 2022 6:30 AM] Both facing sanctions, Russia and Cuba are looking into alternative options for cross-border payments, including cryptocurrencies, a Kremlin advisor has unveiled in Havana. Moscow is already developing a mechanism for crypto settlements to…

Russia and Turkey to Collaborate on Combating Crime-Related Crypto Transactions

[Nov 11, 2022 12:30 AM] Law enforcement and judicial authorities from Russia and Turkey are joining forces in the fight against cybercrime, including the use of cryptocurrencies for illegal purposes. The collaboration has been agreed upon during a visit by Russia’s…