27 Articles 0 Followers
20 May 2023 8 minute read 4 comments MintDice.com
As the world of cryptocurrencies continues to evolve, so do the regulatory frameworks surrounding them. One crucial aspect of this regulation is the enforcement of sanctions compliance in the crypto industry. Governments and regulatory bodies around...
11 Mar 2023 1 minute read 5 comments Kovichni
It should come as no shock that some of the most haunting and saddening scenes we have witnessed hail from Africa. I don't think I need to elaborate on why and as they say, pictures speak a thousand words: The photographer/journalist who took t...
20 Sep 2022 8 minute read 2 comments kev_nag
Looking at the instances happening around the crypto space are enough to create skepticism regarding the intentions of the government. Why’s that? Well, the list is long, some are worth mentioning though. Take the Tornado Cash sanction for instance....
25 Aug 2022 3 minute read 1 comment kev_nag
The recent US government sanction on virtual currency mixer Tornado Cash raised alarm bells in the cryptocurrency industry. Tornado Cash, an Ethereum-based coin mixer, has been sanctioned by the US Treasury Department’s Specially Designated National...
17 Aug 2022 5 minute read 2 comments kev_nag
“Cryptocurrency policy advocacy group Coin Center, from United States, expressed its intentions to pursue administrative relief for individuals affected by cryptocurrency mixer Tornado Cash sanctions, which have been initiated by the Treasury Departm...
13 Aug 2022 4 minute read 0 comments kev_nag
The Tornado Cash DAO community has voted in favor of adding the DAO’s governance as a signatory to the treasury’s multi-signatory (multisig) wallet. The treasury looks after about $21.6 million across three different wallets. This vote began on Wedn...
9 Aug 2022 3 minute read 2 comments kev_nag
Merely nine hours ago or so, I published an article [Nagoda, K. U.S. Treasury OFAC Bars Residents From Using Tornado Cash and Added 44 Addresses to the Specially Designated Nationals List. (Accessed August 9, 2022)]. On reading the ‘Crypto News’ this...
9 Aug 2022 1 minute read 1 comment Vespera
The Office of Foreign Assets Control ("OFAC") administers and enforces economic and trade sanctions based on US foreign policy and national security goals. In May, the U.S. government sanctioned Blender, a coin mixer, for allegedly helping North Kore...
9 Aug 2022 3 minute read 4 comments kev_nag
In a Monday announcement, OFAC effectively barred U.S. residents from using Tornado Cash and placed 44 USD Coin (USDC) and Ether (ETH) addresses connected to the mixer on its list of Specially Designated Nationals. The department alleged that indivi...
16 May 2022 1 minute read 1 comment Kovichni
I remember when I first heard of the US intending to "shut down" particular components of crypto, which resulted in them blocking it's citizens from certain exchanges and forbidding them to partake in ICOs. This was when/why that Binance US version e...
