Sanctions

The exchange, already sanctioned by the UK, is now on a list of 18 entities “providing crypto-assets services or payment services“ in defiance of the EU’s measures against Russia.

“US Treasury is committed to disrupting and degrading Iran’s illicit financial activities, including its abuse of digital assets,” US Treasury Secretary Scott Bessent said Tuesday.

Japan's SBI Crypto shuts down 12th largest Bitcoin mining pool in the world, Russia gears up to launch digital ruble despite EU sanctions, and more: Asia Express.

OFAC added 134 crypto wallet addresses linked to ISIS-K to its sanctions list, including 131 Tron addresses that received more than $1.4 million in crypto donations, according to Chainalysis.

TRM Labs traced $3.8 billion moved by 60 sanctioned Iranian entities through CoinEx and said that the exchange’s 8% share of illicit transactions was substantially higher than its counterparts.

Despite Bitcoin derivatives data highlight traders’ skepticism even though BTC briefly rallied above $67,000. Are bulls stepping into a trap?

The proposed measures would ban transactions on 11 crypto platforms and expand sanctions targeting networks accused of helping Russia evade restrictions.

Political activist Bill Browder, the teenager’s father, said his son was “the first high school student in the world to be sanctioned by an authoritarian regime” over a report on the ruble-pegged stablecoin A7A5.

Russian ruble-backed stablecoin A7A5 processed over $110 billion in transactions despite Western sanctions, according to CertiK.