Tag: sanctions

Feb 18 2021

BitPay to Pay $500K to Settle OFAC Sanction Violation Charges

Feb 18 2021 Published at CoinDesk under tags  bitpay news ofac policy & regulation sanctions

BitPay is accused of facilitating over 2,100 transactions with individuals in sanctioned nations.

Dec 30 2020

BitGo to Pay $93K to US Treasury to Settle 183 ‘Apparent’ Sanctions Violations

Dec 30 2020 Published at CoinDesk under tags  bitgo markets news policy & regulation sanctions

Bitcoin custodian firm BitGo agreed to pay $93,830 in a settlement pact with the U.S. Treasury over 183 "apparent violations" of multiple sanctions programs.

Dec 23 2020

Ethereum Developer Virgil Griffith Will Likely Face Trial Next September

Ethereum developer Virgil Griffith is likely headed to trial on charges of violating international sanctions, after a Tuesday hearing which saw a federal judge clarify what's being argued.

Dec 11 2020

Virgil Griffith Still Doesn’t Know What Exact Crimes He Is Accused of, Attorneys Say

Attorneys for Virgil Griffith want the U.S. government to specify the charges he’s facing, rather than a broad claim that he violated U.S. sanctions.

Nov 17 2020

Western Union Suspends US Dollar Transfers to Cuba

The move follows the latest sanction from the Trump administration.

Nov 04 2020

Is Iran Becoming A Bitcoin Nation?

Late last month, Iran Daily, the official newspaper of the country’s government, reported that the administration had amended its cryptocurrency legislation to make digital assets “exclusively used for funding imports at a time of increased pressure on the country’s normal use of hard currencies.” In practice, this means that bitcoin and other cryptocurrencies that are mined officially under...

Know a good blog/source that is not listed? Contact us or fill the form below to add one: