Sanctions
Treasury Department Issues Guidance on Using Crypto to Evade Sanctions
The Biden administration said earlier in the day that such guidance would be forthcoming.
Ukraine Asks Tether to Halt All Transactions With Russians; Tether Demurs
The vice prime minister of the embattled country has made similar requests with a number of western companies as well as major crypto exchanges.
Justice Department Will Prosecute Banks, Crypto Exchanges That Help Russians Hide Assets: Report
A new task force has been created to freeze or take the assets of Russians that have been sanctioned following the invasion of Ukraine.
Russians Looking to the UAE to Unload Billions in Crypto Assets: Report
Other Russians are reportedly looking to use their crypto to invest in property in the UAE.
White House, G7 Say New Guidance Is Coming on Crypto Sanctions Evasion
White House and Treasury officials have said on multiple occasions there is little concern that crypto will be used to evade sanctions against Russia.
ECB’s Lagarde Supports Acceleration of Digital Euro Work
Concerns over crypto’s role in evading sanctions have prompted regulators worldwide to speed up efforts in the sector.
EU Says Russia, Belarus Sanctions Extend to Crypto
Crypto assets fall into the category of "transferrable securities" and are therefore clearly included in the scope of sanctions, the EU said.
US Senator Warren Drafting Bill to Ensure Crypto Can’t Be Used to Evade Sanctions
One of the provisions would make it easier to verify customer identities and transfers to private wallets by enforcing detailed record keeping and reporting, according to NBC News.
Crypto Still Isn't Helping Russian Oligarchs Evade Sanctions
This feels like a perfect test case for crypto’s value proposition that has yet to materialize.
Coinbase Touts Blacklist of 25K Russia-Linked Addresses Allegedly Tied to Illicit Activity
Combating accusations that crypto is an ideal sanctions evasion tool, Coinbase said it has long taken “proactive” steps to root out criminally tied Russians.
