A newly unsealed federal court opinion supports the DOJ's first criminal prosecution involving the use of crypto for sanctions evasion.
May 20, 2022North Korean IT workers may try to obtain employment building crypto exchange platforms and then use the infrastructure to launder money and evade sanctions.
May 20, 2022Foreign banks could fall under US sanctions if they provide material support to a person or entity sanctioned by the US.
May 18, 2022Financial regulators are prioritising psychological safety, ‘speak up’ culture, and the ability to “predict and prevent” stakeholder harm, says a report from Starling.
May 16, 2022The possible inclusion of Hikvision on the SDN List would have far-reaching consequences because its equipment is used -in more than 180 countries.
May 10, 2022Crypto mixer Blender.io was used to process over $20.5mn of the crypto stolen from the Axie Infinity hack in March, OFAC said.
May 9, 2022The US could enforce secondary sanctions against designated Russian entities and individuals, which would threaten anyone transacting with Russia.
May 9, 2022New OFAC designations; US and UK bans on Russian access to professional services; New trade restrictions, vessel designations
May 9, 2022The XML version of the FCDO sanctions list was removed last week. XML is the key format used by large organisations to automate sanctions compliance.
May 9, 2022The adoption of Bitcoin as legal tender is expected to make transactions in CAR easier, but the move is seen as part of a power struggle between Russia and France.
May 6, 2022