Tag: Sanctions

Invest tech, Trading

Russians Offered Ready-made Crypto Exchange Accounts Amid Restrictions

January 31, 2023


Supply of Crypto Exchange Accounts for Russian Users Doubles in a Year of Sanctions More and more ready-to-use accounts for cryptocurrency exchanges are being sold to Russian residents. While this is not a new phenomenon — such accounts are often […]

Invest tech, RegTech

Binance Joins Association of Certified Sanctions Specialists

January 9, 2023


Crypto Exchange Binance Seeks Additional Sanctions Training for Its Compliance Team Binance, the leading cryptocurrency exchange in terms of daily trading volume, has joined the Association of Certified Sanctions Specialists (ACSS) which works to improve the qualification of sanctions compliance […]

Invest tech, RegTech

Bank of Russia Moves to Safeguard Crypto Companies Against Sanctions

December 15, 2022


Russia’s Central Bank Eases Supervision of Digital Asset Platforms Amid Sanctions The Central Bank of the Russian Federation (CBR) has allowed issuers of digital financial assets (DFAs) not to disclose information sensitive in the light of sanctions risks. The exemption, […]

Blockchain, Crypto

EU to Target Crypto Miners’ Power Usage as Union Relies Less on Russian Energy

October 19, 2022


EU to Develop Energy Efficiency Label for Data Centers Amid Increasing Consumption in Mining The European Union plans to introduce a label for energy efficiency in efforts to counter the growing electricity consumption in data centers such as those mining […]