Sanctions News

Iran’s president has tasked officials at the central bank and ministries of energy, communications and IT with drafting plans for a national cryptocurrency mining strategy.

Iran is set to redenominate its fiat currency, removing four zeros to create a new fiat called toman as demand for crypto is surging.

Iran’s parliament votes to institute a new currency as coronavirus and sanctions hyperinflate the rial and local Bitcoin prices skyrocket relative to official exchanges.

Following much speculation in the press in recent weeks, a friend of the DPRK has said that Kim Jong-un is in good health.

U.S. agencies work to handle crypto in sanctions evasion, but may ultimately just cut the country off from an evolving financial world.

The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned two Chinese nationals accused of laundering cryptocurrency that was stolen in a 2018 crypto exchange hack.

North Korea’s internet use saw a 300% surge over the past three years as the country’s regime has continued to rely on cryptocurrencies.

Former Ethereum developer Virgil Griffith pleads innocent before New York court in North Korea sanctions case.

United Nations sanctions experts advise against attending North Korean cryptocurrency conference, or risking sanctions violations.

The United States District Court for the Southern District of New York indicted Ethereum Foundation researcher Virgil Griffith on Jan. 7.

Iran’s President proposes creating a Muslim cryptocurrency as one of measures to confront the economic dominance of the United States.

Prosecutors announced the arrest of a U.S. citizen who traveled to North Korea to deliver a presentation on how to use blockchain and crypto to avoid sanctions.

The United Nations Security Council's Sanctions Committee on North Korea has accused the country of using a Hong Kong-based blockchain firm as a front to launder money.

North Korea is allegedly developing its cryptocurrency for bypassing U.S. sanctions, but experts point out other reasons for this initiative.

The U.S. announces further sanctions against three North Korean state-sponsored hacker groups, responsible for North Korea’s malicious cyber activities.