OFAC

The Office of Foreign Assets Control (OFAC) has escalated its enforcement efforts by tightening its grip on individuals and entities operating within the financial services and technology sectors in Russia, particularly…

OFAC has sanctioned two Russians involved in a pro-Kremlin influence campaign, while Chainalysis found that at least one of them received funds from crypto exchange Garantex. The Department of the Treasury’s Office of Foreign Assets…

The Treasury Department’s Office of Foreign Assets Control (OFAC) included numerous wallet addresses associated with two individuals from Russia in its list of specially designated nationals. Artur Sungatov and Ivan…

The web3 protocol said its decision followed legal guidance from the U.S. Treasury while debunking unverified reports of restrictions on non-sanctioned countries. Wallet Connect announced an update to which regions can access its…

More and more Ethereum blockchain operators have complied with sanctions from the OFAC, raising censorship concerns among decentralization proponents and network participants. Toni Wahrstätter, an Ethereum researcher, noted that five of…