Senator Warren Drafting Bill to Ensure Crypto Can’t Be Used to Evade Sanctions
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part […]
US Senator Warren Drafting Bill to Ensure Crypto Can’t Be Used to Evade Sanctions
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part […]
Ukrainian Deputy Minister Reiterates Call for Crypto Exchanges to Block Russian Users
Last year, the Ukrainian government launched concerted efforts to attract a local crypto industry that was part of a push to further digitize the economy. In September, the Parliament passed a law legalizing and regulating bitcoin. The country has low taxes, crypto-friendly regulations and a highly educated and young workforce.
Crypto Still Isn’t Helping Russian Oligarchs Evade Sanctions
But what if we look to individuals, such as, say, the dozens of Russian oligarchs who now find themselves on the Treasury Department’s Office of Foreign Asset Control’s Specially Designated Nationals list? Surely, they will be turning to crypto to evade sanctions; ri–no, wait, it seems that they, too, are not using crypto in any […]
Biden Planning to Sign Executive Order on Crypto This Week: Reports
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part […]
On Chinese Social Media, Justin Sun Says He Hopes to ‘Strengthen Cooperation’ With Russia
“My guess is simple – it is difficult to write about fundraising for Ukraine in Weibo, given Chinese censorship and predominant pro-Russian narrative,” said Igor Denisov, senior research fellow at the Moscow State Institute of International Relations’ institute for international studies in an email to CoinDesk. (Sun’s Weibo posts on Ukraine fundraising were not, in […]
Visa, Mastercard Join PayPal in Suspending Russian Operations
In the press release, Visa Inc. Chairman and CEO Al Kelly said that the company “was compelled to act following Russia’s unprovoked invasion of Ukraine, and the unacceptable events that we have witnessed. We regret the impact this will have on our valued colleagues, and on the clients, partners, merchants and cardholders we serve in […]