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Sanctions
US Treasury Sued for Sanctioning Crypto Mixer Tornado Cash
Six crypto users, including Coinbase employees, are suing the U.S. Treasury Department for blacklisting Tornado Cash last month, claiming the department’s sanctions watchdog overstepped its authority in prohibiting all American persons from interacting with the privacy tool. “The Hash” hosts discuss the potential outcomes.
Russia Exploring Stablecoin Settlements With Friendly Nations: Report
President Vladimir Putin had signed a law banning digital payments earlier this summer.
UK Crypto Firms Must Now Report Sanctions Breaches, Freeze Accounts
The U.S. and European Union have also extended sanctions rules to crypto since Russia’s invasion of Ukraine gave way to heightened concerns over the use of digital assets to circumvent restrictions.
Tether’s Tornado Cash Noncompliance Is Less Brave Than You Think
The world’s largest stablecoin issuer won't freeze tainted addresses, for now.
Sanctioned Bitcoin Mining Firm BitRiver Loses Another Client as SBI Leaves: Sources
The Japanese bank is at least the second big name to emerge as ceasing work with BitRiver after the U.S. Treasury Department imposed sanctions on the Russian firm in April.
Afghan Authorities Shut Down 16 Crypto Exchanges in One Week: Report
Police reportedly closed the exchanges and arrested their staff after Afghanistan's central bank stated that digital currency trading should be stopped, citing problems and scams.
Tether Sticks to Decision Not to Bar Tornado Cash Addresses
The stablecoin issuer sees a freeze of secondary Tornado Cash addresses as premature, and awaits more clarity from U.S. authorities.
US Lawmaker Emmer Asks Treasury Department to Explain Tornado Cash Sanctions
Treasury's sanctions watchdog sanctioned Tornado Cash earlier this month on allegations it helped North Korea's Lazarus Group launder millions of stolen crypto funds.
Can Ethereum Fight Back Against the US’ Sweeping Censorship Attempt?
In a world where Ethereum users don’t want to be censored, there may be a way to push back.
