Bittrex Fined $30M for Sanctions Violations
Bittrex has been fined $30 million for sanctions violations. Enforcement Action Bittrex will pay $30 million in fines and penalties for violating U.S. Treasury sanctions as early as 2014. According...
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Russian Companies Are Using Crypto in Trade Despite Lack of Regulation, Officials Admit
With limited access to global finances, Russian businesses have begun settling in cryptocurrency with their partners abroad. Although these are still small-scale payments, government officials have noted their increase, which…
Dapper Labs Suspends NFT Operations for Russian Users Amid New EU Sanctions
Canadian company Dapper Labs has blocked operations with non-fungible tokens (NFTs) for Russian accounts. The move follows a new round of sanctions recently imposed by the EU which prohibit the…
Latest EU Sanctions Expected to Stimulate Russia’s Own Crypto Market, Exchanges Maintain Services
The new crypto sanctions imposed by the European Union are likely to spur the development of the country’s digital asset market, according to a Russian lawmaker. Anatoly Aksakov, who chairs…
EU Bans Crypto Services for Russians in New Sanctions Over Ukraine Escalation
An array of crypto-related services have been targeted in the latest round of sanctions on Russia approved by the EU. The measures are part of an expected tightening of the…
Crypto Exchange Okx Blocked by Russia’s Telecom Watchdog
Russian media and communications regulator, Roskomnadzor, has restricted access to the website of a major cryptocurrency exchange, Okx. The trading platform was one of those that did not restrict access…
EU Bans Provision of Crypto Services to Russia
The European Union has imposed sanctions that will forbid European crypto operations from providing virtually any crypto services to Russians. Russia Faces Crypto Ban Russia will lose access to most...
EU regulators ban cross-border payments from Russian crypto accounts
In a statement on Thursday, regulators in the European Union banned all crypto-asset wallets, accounts and custody services from Russia.
Binance and Kazakhstan to Share Information About Crypto-Related Crime
Cryptocurrency exchange Binance has agreed to support Kazakhstan in ensuring the safe development of the country’s crypto market. The trading platform and Kazakhstan’s financial regulators intend to inform each other…
Latest EU Sanctions to Restrict Russians’ Access to Crypto Services in Europe, Report Unveils
New sanctions discussed by EU member states amid the current escalation of the conflict in Ukraine are going to restrict European crypto services for Russians. Reports about the tightening have…
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