Tag: sanctions
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Will EU sanctions choke ruble stablecoin routes into Bitcoin?
The European Union (EU) is moving to choke off A7A5, the ruble-backed token routing billions through Kyrgyzstan into European crypto markets, but...
US Treasury’s OFAC Sanctions Crypto Exchange Garantex for Second Time
The US Treasury’s Office of Foreign Assets Control (OFAC) has redesignated cryptocurrency exchange Garantex Europe to its list of sanctioned entities.In a Thursday...
EU sanctions Russian crypto exchange Garantex over Ukraine conflict ties
The European Union has taken action against Garantex, a Russia-based crypto exchange, as part of its 16th sanctions package targeting entities linked to...
Irani central bank eyes CBDC, fintech progress to combat sanctions
Iran’s Central Bank is preparing to launch its own central bank digital currency (CBDC), called the Digital Rial, to modernize its banking infrastructure...
