OFAC
OFAC and FinCEN Lacking Resources for Crypto Regulation
CoinDesk Managing Editor for Global Policy and Regulation Nikhilesh De discusses how OFAC and FinCEN budget concerns impact regulators' ability to have cohesive oversight of the space. Plus, a conversation about Fed Chair Jerome Powell and Bank of England Governor Andrew Bailey addressing the need for international coordination of cryptocurrency policy.
The Unnoticed OFAC Budget Ask in Last Week's Crypto Congressional Hearing
Whether FinCEN and OFAC have the resources they need to enforce anti-money laundering rules seems very under-discussed.
Bitcoiners Were Right: Weaponized Finance Just Created a Post-Dollar Planet
A wave of sanctions hitting Russia highlights the complex web of connections that make up contemporary global society – and its ultimate fragility.
US Treasury Department Formally Adds Crypto Rules to Russian Sanctions Guidance
U.S. officials also hope crypto exchanges will block sanctioned individuals regardless of where they're headquartered.
US Sanctions Russian President Vladimir Putin
The EU, Canada and UK have also added Putin to their sanctions lists.
No, Crypto Won't 'Fix This' for Russia
Cryptocurrency is an unlikely workaround for expanded U.S. sanctions against Putin's government following the Ukraine Invasion, according to legal and blockchain experts.
Another Ethereum Education Initiative Hampered by Iran Sanctions Fears
Gitcoin’s suspension of a grant for a coding course in Farsi follows a similar move by ConsenSys.
Chatex Users Ask US Treasury to Release Crypto Frozen by Sanctions
Retail customers were swept up by actions meant to punish a crypto firm accused of money laundering.
Crypto Regulation, Ransomware and OFAC’s Rise
The Treasury Department’s Office of Foreign Asset Control has quietly been very busy.
Egor Petukhovsky, CEO of US-Sanctioned Suex, Says He Will Go to Court
The founder of the Russian over-the-counter crypto desk Suex said he wants to restore his reputation in U.S. court.
