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U.S. Treasury Department Targets 13 Russian Firms Allegedly Offering Crypto-Related Services To Avoid Sanctions

The Daily Hodl
U.S. Treasury Department Targets 13 Russian Firms Allegedly Offering Crypto-Related Services To Avoid Sanctions
crypto
U.S. Treasury Department Targets 13 Russian Firms Allegedly Offering Crypto-Related Services To Avoid Sanctions

The US Government has named entities and individuals allegedly responsible for providing crypto products and services that aided in the evasion of sanctions on Russia. The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) says that it has “sanctioned thirteen entities and two individuals for operating in the financial services and technology […]

The post U.S. Treasury Department Targets 13 Russian Firms Allegedly Offering Crypto-Related Services To Avoid Sanctions appeared first on The Daily Hodl.

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Analyst Says Layer-1 Altcoin Will Do Big Numbers This Year, Updates Forecast on Near and Fetch.ai

Analyst Says Layer-1 Altcoin Will Do Big Numbers This Year, Updates Forecast on Near and Fetch.ai

US Government Slaps $1,200,000 Penalty on San Francisco Crypto Exchange for Violating Russia/Ukraine Sanctions

The Daily Hodl
US Government Slaps ,200,000 Penalty on San Francisco Crypto Exchange for Violating Russia/Ukraine Sanctions
California
US Government Slaps ,200,000 Penalty on San Francisco Crypto Exchange for Violating Russia/Ukraine Sanctions

A San Francisco-based crypto exchange has reached an agreement with the U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) to settle its potential civil liability for violating US sanctions related to Russia and Ukraine. In a new enforcement release, the OFAC says that CoinList Markets (CLM) has agreed to pay over $1.2 million as […]

The post US Government Slaps $1,200,000 Penalty on San Francisco Crypto Exchange for Violating Russia/Ukraine Sanctions appeared first on The Daily Hodl.

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Analyst Says Layer-1 Altcoin Will Do Big Numbers This Year, Updates Forecast on Near and Fetch.ai

Analyst Says Layer-1 Altcoin Will Do Big Numbers This Year, Updates Forecast on Near and Fetch.ai

Blockchain Association Files Another Amicus Brief Supporting Tornado Cash, Says Crypto Mixer Is ‘Simply a Tool’

The Daily Hodl
Blockchain Association Files Another Amicus Brief Supporting Tornado Cash, Says Crypto Mixer Is ‘Simply a Tool’
Blockchain
Blockchain Association Files Another Amicus Brief Supporting Tornado Cash, Says Crypto Mixer Is ‘Simply a Tool’

Blockchain Association, a nonprofit group dedicated to crypto advocacy, is filing a second amicus brief in support of the banned crypto mixer Tornado Cash. In a new announcement, the group says it is filing an amicus brief in favor of Coin Center’s lawsuit against the Office of Foreign Asset Control (OFAC), arguing that the regulatory […]

The post Blockchain Association Files Another Amicus Brief Supporting Tornado Cash, Says Crypto Mixer Is ‘Simply a Tool’ appeared first on The Daily Hodl.

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Analyst Says Layer-1 Altcoin Will Do Big Numbers This Year, Updates Forecast on Near and Fetch.ai

Analyst Says Layer-1 Altcoin Will Do Big Numbers This Year, Updates Forecast on Near and Fetch.ai

Blockchain Association Shows Support for Banned Tornado Cash in New Amicus Brief Filing

The Daily Hodl
Blockchain Association Shows Support for Banned Tornado Cash in New Amicus Brief Filing
Blockchain
Blockchain Association Shows Support for Banned Tornado Cash in New Amicus Brief Filing

A nonprofit organization dedicated to crypto advocacy is filing an amicus brief in support of the banned crypto mixer Tornado Cash. In a new announcement, the Blockchain Association says that it has filed an amicus brief in the Office of Foreign Assets Control’s (OFAC) lawsuit against Tornado Cash, saying that the token mixer is “simply […]

The post Blockchain Association Shows Support for Banned Tornado Cash in New Amicus Brief Filing appeared first on The Daily Hodl.

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Analyst Says Layer-1 Altcoin Will Do Big Numbers This Year, Updates Forecast on Near and Fetch.ai

Analyst Says Layer-1 Altcoin Will Do Big Numbers This Year, Updates Forecast on Near and Fetch.ai

Crypto Exchange Kraken Settles With Treasury Department Over Sanctions Violations

Bitcoin.com
Crypto Exchange Kraken Settles With Treasury Department Over Sanctions Violations
bitcoin.com
Crypto Exchange Kraken Settles With Treasury Department Over Sanctions ViolationsCrypto exchange Kraken has settled with the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) over its apparent violations of sanctions against Iran. The cryptocurrency exchange has agreed to remit $362,159 to settle its potential civil liability and invest an additional $100,000 in certain sanctions compliance controls. Kraken Settles With OFAC The […]
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Analyst Says Layer-1 Altcoin Will Do Big Numbers This Year, Updates Forecast on Near and Fetch.ai

Analyst Says Layer-1 Altcoin Will Do Big Numbers This Year, Updates Forecast on Near and Fetch.ai

Office of Foreign Assets Control Sued by Crypto Think Tank Over Tornado Cash Bans

The Daily Hodl
Office of Foreign Assets Control Sued by Crypto Think Tank Over Tornado Cash Bans
Coin Center
Office of Foreign Assets Control Sued by Crypto Think Tank Over Tornado Cash Bans

A cryptocurrency-focused advocacy group is challenging the validity of the US sanction against crypto mixing service Tornado Cash. On August 8th, the U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) imposed a ban on Tornado Cash citing that the protocol is used in illicit activities such as money laundering and terrorism. The non-profit group […]

The post Office of Foreign Assets Control Sued by Crypto Think Tank Over Tornado Cash Bans appeared first on The Daily Hodl.

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Analyst Says Layer-1 Altcoin Will Do Big Numbers This Year, Updates Forecast on Near and Fetch.ai

Analyst Says Layer-1 Altcoin Will Do Big Numbers This Year, Updates Forecast on Near and Fetch.ai

Office of Foreign Assets Control (OFAC) Targets Russian Paramilitary Group With Crypto Sanctions

The Daily Hodl
Office of Foreign Assets Control (OFAC) Targets Russian Paramilitary Group With Crypto Sanctions
Bitcoin
Office of Foreign Assets Control (OFAC) Targets Russian Paramilitary Group With Crypto Sanctions

The U.S Treasury Department’s Office of Foreign Assets Control (OFAC) is imposing a ban on five crypto addresses linked to a Russian neo-Nazi paramilitary group. The group known as Task Force Rusich was added to OFAC’s Specially Designated Nationals and Blocked Persons List (SDN) along with 22 individuals and entities for facilitating the geopolitical conflict […]

The post Office of Foreign Assets Control (OFAC) Targets Russian Paramilitary Group With Crypto Sanctions appeared first on The Daily Hodl.

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Analyst Says Layer-1 Altcoin Will Do Big Numbers This Year, Updates Forecast on Near and Fetch.ai

Analyst Says Layer-1 Altcoin Will Do Big Numbers This Year, Updates Forecast on Near and Fetch.ai

U.S. Treasury Department Sanctions Bitcoin (BTC) Addresses Linked to Ransomware

The Daily Hodl
U.S. Treasury Department Sanctions Bitcoin (BTC) Addresses Linked to Ransomware
Bitcoin
U.S. Treasury Department Sanctions Bitcoin (BTC) Addresses Linked to Ransomware

The U.S Treasury Department’s Office of Foreign Assets Control (OFAC) is taking action against a ransomware group targeting individuals and companies in the United States by adding associated persons and their properties to the Specially Designated Nationals and Blocked Persons List (SDN). In a statement, the Treasury Department says that it is sanctioning the ransomware […]

The post U.S. Treasury Department Sanctions Bitcoin (BTC) Addresses Linked to Ransomware appeared first on The Daily Hodl.

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Analyst Says Layer-1 Altcoin Will Do Big Numbers This Year, Updates Forecast on Near and Fetch.ai

Analyst Says Layer-1 Altcoin Will Do Big Numbers This Year, Updates Forecast on Near and Fetch.ai

U.S. Treasury Department To Allow Tornado Cash Users To Complete Transactions and Withdraw Crypto

The Daily Hodl
U.S. Treasury Department To Allow Tornado Cash Users To Complete Transactions and Withdraw Crypto
Daily Hodl
U.S. Treasury Department To Allow Tornado Cash Users To Complete Transactions and Withdraw Crypto

The U.S. Treasury Department has updated its policy on Ethereum-based crypto mixing service Tornado Cash. The Office of Foreign Assets Control (OFAC) imposed the ban on August 8th arguing that the protocol facilitated money laundering and terrorism. The move from OFAC effectively suspended transactions leaving users unable to withdraw their funds.  In a new statement, […]

The post U.S. Treasury Department To Allow Tornado Cash Users To Complete Transactions and Withdraw Crypto appeared first on The Daily Hodl.

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Analyst Says Layer-1 Altcoin Will Do Big Numbers This Year, Updates Forecast on Near and Fetch.ai

Analyst Says Layer-1 Altcoin Will Do Big Numbers This Year, Updates Forecast on Near and Fetch.ai

U.S. Treasury Department Sued by Crypto Investors With Support From Industry Giant Coinbase

The Daily Hodl
U.S. Treasury Department Sued by Crypto Investors With Support From Industry Giant Coinbase
coinbase
U.S. Treasury Department Sued by Crypto Investors With Support From Industry Giant Coinbase

A group of Tornado Cash users is suing the U.S. Treasury Department over the decision to add the crypto mixer to the Specifically Designated Nationals and Blocked Persons (SDN) list. In a complaint filed with the U.S. District Court, Western District of Texas, the plaintiffs claim that the sanction of Tornado Cash infringes on their […]

The post U.S. Treasury Department Sued by Crypto Investors With Support From Industry Giant Coinbase appeared first on The Daily Hodl.

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Analyst Says Layer-1 Altcoin Will Do Big Numbers This Year, Updates Forecast on Near and Fetch.ai

Analyst Says Layer-1 Altcoin Will Do Big Numbers This Year, Updates Forecast on Near and Fetch.ai

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