Tag: Sanctions

[ad_1] The Office of Foreign Assets Control of the United States Department of the Treasury has added two cryptocurrency wallets allegedly connected to a Russian sanctions evasion network as part of its list of Specially Designated Nationals. In a Feb. 1 announcement, OFAC said it had added one Bitcoin...

[ad_1] Tl;dr: Coinbase is funding a lawsuit brought by six people challenging the US Treasury Department’s sanctions of the Tornado Cash smart contracts and asking the Court to remove them from the U.S. sanctions list. The lawsuit explains that OFAC exceeded its authority from Congress and the President in...

[ad_1] The conflict between Russia and Ukraine took center stage last month. The issue not only changed the global political landscape but also the economies of both countries. The financial infrastructure in Russia and Ukraine shattered in the past few weeks, but, for different reasons. Q4 2021 volumes have...

[ad_1] Using Crypto Tech to Promote Sanctions Compliance By Paul Grewal, Chief Legal Officer Coinbase is committed to building a safe and responsible financial system that promotes economic freedom around the world. We strive to be the most trusted platform for buying, selling, and exchanging digital assets, helping everyday...