Sanctions News

Pashtana Durrani described the Taliban as "people who were fighting in rural and very mountainous regions" who don't have the proper background for modern financial literacy.

Cryptocurrencies, including CBDC’s, have now become a part of the narrative on sanctions due to high adoption.

The former Secretary of State warns that if left unregulated, cryptocurrency markets and social media platforms could destabilize the U.S. dollar as the reserve currency.

Russia’s digital ruble won’t help the country avoid U.S. sanctions because the global economy is “interconnected,” an official said.

“This will not be the last time — the U.S. government will continue to aggressively pursue the entire ransomware ecosystem and increase our nation’s resilience to cyber threats,” said Attorney General Merrick Garland.

The U.S. Treasury asked cryptocurrency companies to ensure compliance with sanctions last week.

Last week, the Russian president said it was “a bit early” to use cryptocurrencies to settle oil trades.

The government agency hinted at possible additional sanctions for "financial institutions, cyber insurance firms, and companies involved in digital forensics and incident response" that facilitated ransomware payments.

Belarus has lots of abandoned industrial sites that could be used to generate revenue through cryptocurrency mining, the Belarusian president said.

Griffith will likely spend the next two months in jail before his trial in September.

Russia needs to move to Bitcoin to provide a “real financial instrument enabling independence in foreign trade settlements,” Deripaska argued.

A difficult-to-enforce ban may actually be part of a larger sanctions-avoidance strategy.

As the Kremlin sequesters funds to the opposition, Bitcoin serves to run blockades.

But security tokens are not ready to take over the world quite yet.

BitPay apparently screened merchants but not customers.