Sanctions


Markets

US Treasury Sanctions Russian Bank Over Links to Venezuela’s Petro

The U.S. Department of the Treasury has sanctioned a Moscow-based bank over its role in financing Venezuela’s controversial petro token.

Petro maduro

Markets

North Korea Hacking Crypto Exchanges to Circumvent Sanctions: UN Panel

A U.N. Security Council panel has linked North Korea to millions lost in cryptocurrency hacks, Nikkei Asian Review reports.

(Shutterstock)

Markets

Venezuela Calls US Sanctions Against Its Petro Cryptocurrency 'Discriminatory'

Venezuela has filed a complaint against the U.S. with the World Trade Organization, highlighting sanctions against the petro as one issue.

Exposure to the government-backed petro has made Venezuelans more comfortable with other types of cryptocurrencies.

Markets

US Lawmakers Seek Sanctions Against Iran's Cryptocurrency Efforts

A bill introduced this week in Congress takes a hard line on Iran's efforts to develop its own sovereign cryptocurrency.

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Markets

Cheap Power Is Luring Battered Bitcoin Miners to Iran

Some crypto miners are looking to Iran for its low-cost power – but the path to setting up shop in the country is anything but simple.

Iran flag (Credit: Shutterstock)

Markets

Bitcoin Trader on US Sanctions Blacklist Says He’s Innocent

An Iranian bitcoin trader added to the U.S. Treasury's OFAC sanctions list last week claims he’s been wrongfully blacklisted.

Tehran_statue_Shutterstock

Markets

Get Ready for Crypto Sanctions Enforcement

Recent OFAC actions are just the first step in crypto sanctions enforcement, write attorneys Beau Barnes and Jake Chervinsky.

Iran_rial_US_dollar_currency

Markets

Iranian Bitcoin Users Are Already Being Affected By New US Sanctions

New sanctions from the US government are driving Iranian bitcoin users to pursue more secure and private wallet solutions.

iran bitcoin

Markets

US Regulators Tie Two Bitcoin Addresses to Iranian Ransomware Plot

For the first time, the U.S. Treasury Department is adding crypto addresses to its list of Specially Designated Nationals.

tres-dept

Markets

Bitcoin Price Hits 7-Month High Against Turkish Lira

Turkey's economic crisis looks to have boosted bitcoin's appeal as a safe-haven asset, pushing it to seven-month highs against the lira.

Turkish lira