Policy
U.S. Lifts Sanctions on Tornado Cash Following Court Ruling
Recent legal developments have led the U.S. Treasury to remove Tornado Cash from its sanctions list amidst ongoing criminal proceedings against one of its co-founders.
Altcoins
Russia’s Garantex Reemerges as Grinex Despite Legal Troubles
The crypto exchange Garantex has returned under the new name Grinex, revealing connections to illicit activities following its shutdown due to sanctions.
Economy
Russia Embraces Cryptocurrency for Oil Trade to Circumvent Sanctions
Amidst Western sanctions, Russia is increasingly utilizing cryptocurrencies like Bitcoin and Ethereum for oil transactions with China and India.
Geopolitics
Russia and Iran Embrace Crypto to Avoid Sanctions in Oil Trading
Amidst growing Western sanctions, Russia and Iran are turning to cryptocurrencies like Bitcoin to sustain their oil trade, illustrating a significant shift in global economic practices.
Policy
Garantex: A Seized Crypto Exchange Linked to Money Laundering Activities
Garantex has been dismantled in a global law enforcement effort, with its operators facing serious charges related to financial crimes.
Finance
Tether Blocks $28 Million USDT on Garantex Amid Sanctions
Tether has suspended $28 million USDT on the Russian exchange Garantex, which is under EU sanctions due to its ties with the Russian government.
Regulation
European Union Targets Russian Crypto Exchange Garantex with Sanctions
Garantex, the cryptocurrency exchange based in Russia, has been added to the EU's sanctions list due to its connections with Russian banks under existing sanctions.
Policy
Iran and Other Sanctioned Nations Increasingly Embracing Cryptocurrency
A report reveals that countries under U.S. sanctions, particularly Iran, are significantly engaging with cryptocurrency to bypass financial restrictions.
Policy
North Korea's Rising Influence in the Crypto Space
North Korean developers are increasingly involved in various cryptocurrency projects, raising concerns over compliance with sanctions.
