Kraken crypto exchange is next to close doors to Russian users
Former Kraken CEO Jesse Powell previously warned crypto investors about the risks of holding crypto on a centralized exchange.
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Russian users are welcomed by crypto exchanges in Kazakhstan, but there’s a catch
Non-sanctioned foreigners are “more than welcome” at Intebix, but they need to set up a local bank card for crypto-to-fiat transactions, the CEO said.
EU to Target Crypto Miners’ Power Usage as Union Relies Less on Russian Energy
Authorities in Brussels are taking steps to reduce power consumption, including in cryptocurrency mining, as the EU faces limited energy supplies from Russia, the reliance on which it has been…
Localbitcoins, Crypto.com, Other Providers Suspend Services for Russians Under EU Rules
Complying with the latest EU sanctions targeting Russia, well-known cryptocurrency platforms like Localbitcoins, Blockchain.com, and Crypto.com have started to restrict or terminate services for Russian accounts. The moves follow the…
48% of Ethereum Blocks Face Censorship From OFAC-Compliant Flashbots
For a couple of years now, MEV-Boost relays or Flashbots have become popular tools in order to gather the maximum value that can be extracted from Ethereum’s block production. However,…
War Spurs Crypto Activity in Russia and Ukraine, Chainalysis Reports
The deadly conflict that started with Russia’s assault on Ukraine has increased crypto-related activity in both countries, according to Chainalysis. Fiat inflation and sanctions pressure led to several spikes in…
Blockchain.com closes crypto custody for Russians amid EU sanctions
Blockchain.com will soon shut down accounts of Russian nationals, while companies like Binance are also working to apply the new EU sanctions.
Crypto Exchanges Still Available to Russians Despite Latest EU Sanctions, Report Unveils
A list of crypto exchanges, including global platforms, have not introduced new restrictions on Russian users after the EU’s most recent sanctions round, Russian crypto media reported. The latest European…
Coin Center files lawsuit against US Treasury over Tornado Cash sanctions
The advocacy group alleged OFAC “exceeded their statutory authority” in sanctioning Tornado Cash because the mixer was a “privacy tool beyond the control of anyone.”
US Treasury Charges Bittrex With Sanctions Violations, Crypto Exchange Agrees to Settle With Regulator
On October 11, the U.S. Treasury department’s Financial Crimes Enforcement Network (FinCEN) and the Office of Foreign Assets Control (OFAC) announced that it has settled charges with the cryptocurrency exchange…
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