U.S. Treasury Sanctions Russian Crypto Miners
The action marks the first time that the Treasury has sanctioned a crypto mining company. Key Takeaways The U.S. Treasury and OFAC have introduced sanctions...
Tag : Sanctions
Sanctions As A Driver Of Bitcoin Adoption
For the last few years of Bitcoin's existence the dominant narrative circulating in this ecosystem has been that of "digital scarcity" and "sound money." While...
As Sanctions Pile, Bitcoin Flips the Russian Ruble
The Russian ruble now has a smaller market cap than Bitcoin after plunging roughly 11% against the U.S. dollar Monday. Key Takeaways The West's severe...
Treasury Sanctions Crypto Trade Over Ransomware Payments
Key Takeaways The U.S. Treasury’s Office of Foreign Assets Control has sanctioned the Russian crypto broker Suex. According to OFAC, Suex was laundering illegal proceeds...