#OFAC News

FEED

Biden administration gives Maduro regime lifeline as Venezuelans cry foul

foxnews.com As the U.S Treasury department issued a license to Chevron to drill for oil in Venezuela, relaxing 2019 sanctions applied to Venezuela under the Trump administration,…

Treasury officials would have done more for national security by leaving Tornado Cash alone

cointelegraph.com A second powerful moment occurs when the same user is introduced to a block explorer, looks up their address and sees that same transaction there on the blockchain for all…

‘We Are All F****d’: The Developers of Tornado Cash and the Future of Crypto

coindesk.com “I never thought it could be as terrible as it is now. Virtually every aspect of my life is broken or destroyed.” “To me, it's more like they don't have to explain anything,…

A US Senate hearing will discuss FTX, New York bans proof-of-work and FTX evaluates its assets: Hodler’s Digest, Nov. 20-26

cointelegraph.com Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation…

U.S. sanctions Hezbollah's accountants, weapons facilitator By Reuters

investing.com By Kanishka Singh WASHINGTON (Reuters) -The United States on Thursday sanctioned individuals and companies for allegedly providing financial services to and facilitating…

Ethereum Reverses Post-Merge Censorship Trend

blockworks.co Concerns around possible censorship of Ethereum transactions was prevalent in the weeks leading up to and after the Merge, but the latest data shows that this upward trend…

Crowe BrandVoice: As OFAC Sanctions Multiply, Risk Management Is Crucial

forbes.com By Ralph Wright, CAMS, and Beatriz Rincón Young, CGSS, CAMS In the last two decades, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has…

Tornado Cash Developer to Remain in Detention for Another Three Months

thedefiant.io Alexey Pertsev Will Have Been Jailed For 193 Days Before Trial Begins Dutch authorities have ruled that Alexey Pertsev should remain behind bars until Feb.20, 2023, calling…

Crypto Exchange Kraken Settles With U.S. Treasury Over Violation of Iran Sanctions

dailyhodl.com The crypto exchange Kraken is settling with the U.S. Treasury Department over apparent violations of sanctions against Iran. The US-based crypto exchange Kraken is agreeing…

Crypto Exchange Kraken Settles With Treasury Department Over Sanctions Violations

bitcoin.com Crypto exchange Kraken has settled with the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) over its apparent violations of sanctions against Iran.…

EU Moving to Ban Privacy Coins: Report

cryptobriefing.com EU Moving to Ban Privacy Coins: Report The European Union may be stepping up its regulatory actions in the privacy sector. Key Takeaways - The European Union reportedly has…

Kraken Settles With OFAC Over Alleged Violation of Iran Sanctions

247wallst.com According to a recently published document, Kraken agreed to settle with the US Treasury over its alleged violation of the sanctions imposed on Iran. Additionally, Kraken…

Ethereum derivatives look bearish, but traders believe the ETH bottom is in By Cointelegraph

investing.com Ether (ETH) rallied 5.5% in the early hours of Nov. 29, reclaiming the critical $1,200 support. However, when analyzing a broader time frame, the 24% negative performance in…

Ethereum derivatives look bearish, but traders believe the ETH bottom is in

cointelegraph.com Ether (ETH) rallied 5.5% in the early hours of Nov. 29, reclaiming the critical $1,200 support. However, when analyzing a broader time frame, the 24% negative performance in…

Kraken To Pay Settlement For Violating Sanctions

cryptodaily.co.uk The crypto exchange has agreed to pay a penalty amount of $362,000 to U.S. regulators in the alleged sanctions violations case. Kraken Settles With U.S. Regulator Kraken has…

Kraken decides to settle Iran sanction allegations with U.S. regulators

ambcrypto.com On 28 November, the U.S. Treasury Department announced that cryptocurrency exchange Kraken has agreed to pay a settlement fee of $362,000 against accusations that it…

Crypto Exchange Kraken Settles Case of Iran Violations with US Treasury

coinspeaker.com Bhushan is a FinTech enthusiast and holds a good flair in understanding financial markets. His interest in economics and finance draw his attention towards the new emerging…

Kraken to pay $360k to US Treasury for violating sanctions against Iran

watcher.guru US and Iran are among the most trending topics of discussion of late. On one hand, the two nations are set to face each other in the FIFA World Cup tomorrow. On the other,…

Kraken Agrees to Pay $362K Fine for Onboarding Users from Iran

financemagnates.com Kraken Agrees to Pay $362K Fine for Onboarding Users from Iran - The exchange did not timely implement an automated IP blocking tool. - It will also invest a further…

Don’t Forget the Importance of Censorship Resistance

bitcoin.com Since people are once again talking about self-custody as one of crypto’s unique strengths, I would like to remind everyone about an equally important fundamental value…

Kraken pays over US$360K to US Treasury to settle Iran sanctions allegations

forkast.news U.S.-based cryptocurrency exchange Kraken has agreed to pay over US$362,000 to settle claims that it violated sanctions against Iran, the U.S. Treasury Department announced…

Kraken Agrees to Settle With US Regulators for Violating Iran Sanctions

beincrypto.com Cryptocurrency exchange Kraken has agreed to pay the penalty to settle civil liability related to apparent violations of sanctions on Iran. As part of the deal with OFAC,…

Kraken Settles With The SEC And Pays $362k For Violating U.S Sanctions on Iran

cryptopotato.com The U.S. Office of Foreign Assets Control (OFAC) has made it clear that it will keep imposing fines on cryptocurrency exchanges for alleged violations of the U.S. sanctions…

The Wall Street Journal: Crypto exchange Kraken will pay $362,000 to settle allegations it violated Iran sanctions

marketwatch.com Cryptocurrency exchange Kraken has agreed to pay more than $362,000 to settle allegations it violated U.S. sanctions against Iran, the U.S. Treasury Department said Monday.…

Crypto exchange Kraken will pay more than $360,000 to settle allegations it violated US sanctions by serving users in Iran

businessinsider.com Kraken Primakov Crypto exchange Kraken will pay $362,000 to settle allegations it violated US sanctions againts Iran. The Treasury said Kraken processed transactions valued…

Kraken settles with US Treasury's OFAC for violating US sanctions By Cointelegraph

investing.com The United States Treasury Department’s Office of Foreign Assets Control, or OFAC, has announced a settlement with crypto exchange Kraken for “apparent violations of…

Crypto Exchange Kraken Settles with Treasury Department over Iran Sanctions Violations

decrypt.co U.S. crypto exchange Kraken has settled with the U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) today, agreeing to pay $362,158.70 for apparent…

Crypto exchange Kraken settles U.S. investigation over alleged Iran sanctions violations By Reuters

investing.com (Reuters) - Crypto exchange Kraken has agreed to pay a fine to settle civil liability related to apparent violations of sanctions on Iran, the U.S. Treasury Department's…

Kraken settles with US Treasury's OFAC for violating US sanctions

cointelegraph.com The United States Treasury Department’s Office of Foreign Assets Control, or OFAC, has announced a settlement with crypto exchange Kraken for “apparent violations of…

Chevron receiving permission to expand production in Venezuela was 'expected'

investing.com By Senad Karaahmetovic Chevron (NYSE:CVX) has been allowed to resume and expand its production in Venezuela. The U.S. government’s Office of Foreign Assets Control (OFAC)…

One-Stop Business News, Powered by Mark Cuban. Free to Use →