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FinCEN Issues ‘Red Flags’ on Potential Sanctions Evasion Using Cryptocurrency

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…

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South African Regulator Explains Why It Has Been Targeting Global Crypto Exchanges

Brandon Topham, the head of enforcement at South Africa’s financial sector regulator, has insisted that his organization has not issued warnings to some global exchanges because they deal in crypto.…

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FCA reiterates power to ‘suspend or cancel’ crypto firms’ registrations following Bifinity concerns

Certain individuals and entities that are part of the Binance Group may now be considered “beneficial owners” of Digivault following the Bifinity and Eqonex partnership.

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Coinbase Blacklists Over 25,000 Crypto Addresses Tied to Russian Individuals and Entities

The cryptocurrency exchange Coinbase has addressed the company’s procedures toward complying with sanctions in a blog post published on Sunday. The crypto firm says that respecting sanctions plays a “vital…

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Report: LBMA Asks 6 Russian Gold Refiners if They Have Ties to Sanctioned Entities

The London Bullion Market Association (LBMA) said it wants six accredited Russian gold refiners to clarify if they have commercial ties with sanctioned Russian entities. The association’s request comes a…

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Report: Official Says Switzerland May ‘Target’ Crypto Assets Belonging to Sanctioned Russians

Neutral Switzerland may target crypto assets within its territory that belong to sanctioned Russian entities, a report has said. The report quotes an official who explains that the move is…

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