These continuous alerts, despite no clear examples of violations thus far, mean that crypto operators should be wary. 

The post White House reiterates that the Treasury is on the lookout for crypto in Russian sanctions evasion appeared first on The Block.

Blockchain data analysis platform Chainalysis has launched a set of free sanction screening tools. Meanwhile, lawmakers in the US take aim at China's digital yuan, or e-CNY, while Russian sanctions begin to highlight issues with financial sovereignty as hundreds of thousands of Russian and Ukrainian civilians are caught in the financial crossfire.

The entirety of Bitcoin’s existence is dedicated to its usability by anyone regardless of their intent.

As tensions between the United States and Russia spread across numerous sectors, Senator Elizabeth Warren is looking to crack down on potential cryptocurrency loopholes. According to an NBC News report, the Massachusetts senator is drafting legislation to bolster sanctions the US imposed after Russia first invaded Ukraine two weeks ago. Warren recently co-signed a letter […]

The post US Senator Elizabeth Warren Drafts New Crypto Legislation Targeting Russian Sanctions Evasion: Report appeared first on The Daily Hodl.

The Financial Crimes Enforcement Network (FinCEN) has issued an advisory on Russian efforts to evade sanctions that includes a number of crypto-related red flags. However, the bureau admitted that it has not seen “widespread evasion” of its sanctions using cryptocurrency. FinCEN Warns About Sanctions Evasion The Financial Crimes Enforcement Network (FinCEN), a bureau of […]

Oil powers higher All the headlines suggest oil prices will continue to go higher.  Global energy supplies will continue to get tighter now that both the US and UK will ban Russian oil.  The US took it one step further and also will ban Russian natural gas and other energy sources.  Russia’s economy will take […]

The Financial Crime Enforcement Network (FinCEN) mentioned cryptocurrency in its latest alert on Russian sanctions. FinCEN advised all financial institutions to be “vigilant against potential efforts to evade the expansive sanctions and other U.S.-imposed restrictions implemented in connection with the Russian Federation’s further invasion of Ukraine.” The agency reminds financial institutions that they have an […]

The post FinCEN Mentions Crypto in New Warning On Russia Sanctions appeared first on Coin Bureau.

The Treasury says all US crypto exchanges should register with FinCEN as the industry faces pressure to align with Russian sanctions.

The post US Treasury urges crypto exchanges to register with FinCEN appeared first on Protos.

Today, Coinbase’s CFO Paul Grewal posted on the platform’s blog page announcing that Coinbase was already supporting the legal sanctions against Russia as a part of their goal to protect the integrity of all their transactions.

The post Coinbase clarifies they were already participating in Russian sanctions appeared first on CryptoSlate.

In a report published on Saturday, the International Monetary Fund (IMF) has warned that an ongoing war in Europe and associated sanctions will have a “severe impact on the global economy.” The IMF’s report says there is “extraordinary uncertainty” in the air, and the international financial institution believes “economic consequences are already very serious.” IMF’s […]

The chief executives of two major cryptocurrency exchanges, Binance and Coinbase, do not believe that cryptocurrency is an effective tool to help Russia evade Western sanctions. CEOs of Binance and Coinbase Say Crypto Not Useful at Evading Sanctions Since Russia began its invasion of Ukraine, governments worldwide have raised concerns that cryptocurrency could be used […]

As the first week of an already-tumultuous March draws to a close, let's take a look back at the news stories that dominated the worlds of forex, fintech, and crypto, in our best of the week segment.