sanctions

Iran Moves to Accept Crypto Payments in Weapon Sales to Evade Sanctions

Iran is looking to accept crypto payments in its sale of ballistic missiles, warships, and other advanced weapons, The Financial…

2 months ago

Tornado Cash Removed from U.S. Sanctions List

The U.S. Treasury’s Office of Foreign Assets Control (OFAC) has removed Tornado Cash, a crypto mixing service, from its Specially…

12 months ago

Russia Using Crypto in Oil Trade with China and India to Skirt Western Sanctions

Russia is using cryptocurrencies to facilitate a small but growing part of its oil trade with China and India to…

12 months ago

Tether Blasts Report That Stablecoin Giant is Under Investigation For Money Laundering & Sanctions Violations

As the U.S. government mounted its bruising legal campaign against the crypto industry over the past two years, one company…

1 year ago

Russia Passes Bill to Legalize Crypto to Dodge International Sanctions

Russian lawmakers voted to legalize cryptocurrencies for international settlements in an apparent effort to dodge sanctions imposed by Western countries.…

2 years ago

Venezuela Turns to Crypto for Oil Sales Amid U.S. Sanctions

According to Reuters, Venezuela now depends on cryptocy for oil sales after the U.S. imposed new sanctions, which concerns many. The…

2 years ago

U.S. Treasury Official Targets Tether USDT Stablecoin in Russian Sanction Evasion

US Treasury Deputy Secretary Adewale Adeyemo said Russia was increasingly using alternative payment mechanisms like Tether’s USDT stablecoin to bypass economic sanctions, according to his written…

2 years ago