US Lifts Sanctions on Tornado Cash Mixer After Court Ruling

US Lifts Sanctions on Tornado Cash Mixer After Court Ruling

The decision was followed by a ruling in January from the American Appeal Court, Which declared illegal penalties. According to the court ruling in January, “smart contracts are not subject to change […] Optic authority exceeded as specified by Congress. “ in statement On March 21, the Ministry of Treasury said that the Office of … Read more

US Treasury Removes Tornado Cash From OFAC Sanctions List

US Treasury Removes Tornado Cash From OFAC Sanctions List

The Treasury Department raised Tornado cash sanctions, the intelligent contract mixer based on Ethereum, following a series of legal defeats and administrative challenges. “On the basis of the revision of the administration of new legal and political issues raised through the use of financial sanctions against the financial and commercial activity that occur within the … Read more

Russia and Iran Turn to Crypto to Dodge Sanctions in Oil Trade

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While the western sanctions are tightening, Russia and Iran are finding creative ways to keep their economies guided by oil using the cryptocurrency. Russia, with its $ 192 billion annual oil trade and Iran, once an important oil exporter, is taking advantage of digital currencies as a bitcoin to circumvent financial restrictions, remodeling global trade … Read more

EU Sanctions Crypto Exchange Garantex – Is Best Wallet Token the Best Crypto to Buy Now?

EU Takes Unprecedented Step: Sanctions Crypto Exchange Garantex. Is Best Wallet Token the Best Crypto to Buy?

In a historical first, the European Union has beaten Sanctions against the Russian cryptocurrency exchange Garantex, an important player at the Moscow Cryptomarkt. The step is based on Garantex’s close connections to sanctioned Russian banks and their role in facilitating activities that endanger global financial stability. This recent campaign is strengthening a growing, uniform international … Read more