OFAC
US Blacklists Bitcoin, Ether Addresses Tied to Russian Sanctions-Evasion Efforts; Bitcoin Price Predictions
The U.S. Treasury Department's sanctions watchdog, the Office of Foreign Assets Control (OFAC), has blacklisted a bitcoin and an ether address linked to sanctions evasion. Plus, bitcoin (BTC) price predictions from ARK Invest and Matrixport.
US Blacklists Bitcoin, Ether Addresses Tied to Russian Sanctions-Evasion Efforts
The addresses are linked to Russia's arms exports intermediary, according to OFAC.
21.co’s 2023 Crypto Outlook
21.co co-founder and CEO Hany Rashwan joins “First Mover” to discuss its report on the state of crypto, focusing on macroeconomic conditions and regulation. He shares 21.co’s predictions on bitcoin's price action, OFAC sanctions and the developments in the metaverse. Plus, the possibility of a bitcoin ETF in the US.
How a Year of Exploits and Hacks Shaped Regulatory Responses to Crypto
Ari Redbord, Head of Legal and Government Affairs at TRM Labs, reflects on the record-setting year in crypto exploits. While millions of dollars drained from crypto protocols dominated headlines, he points to the "impactful regulatory response" following these hacks, namely the Office of Foreign Assets Control's (OFAC) sanctioning of crypto mixers.
Is Ethereum’s Censorship Problem Taking a Turn?
New relayers and community efforts have contributed to a decline in censorship on the blockchain
BlockFi Files for Bankruptcy; Kraken Settles US Treasury Case Over Serving Customers in Iran
Crypto lender BlockFi files for bankruptcy protection as FTX contagion spreads. JPMorgan says crypto market regulatory initiatives that are already underway are likely to be accelerated. The U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) reaches a settlement with crypto exchange Kraken over serving customers in Iran.
Crypto Exchange Kraken Settles Case With US Treasury Over Serving Customers in Iran
Kraken has agreed to pay $362,159 to settle its potential liability for violating U.S. sanctions.
US Sanctions 3 Individuals, Dozens of Bitcoin, Ether and Bitcoin Cash Addresses on Opioid Allegations
Sanctioned individuals allegedly sold drugs to U.S. markets through online markets.
Vitalik Buterin’s New Ethereum Road Map Takes Aim at MEV and Censorship
Amid a number of new changes, Buterin’s new vision for Ethereum adds a section aimed at curtailing the threats of centralization.
US Treasury Adds to Tornado Cash Sanctions With North Korea WMD Allegations
OFAC first added Tornado Cash to its sanctions list in August.
