Tag: crypto sanctions

OFAC Sanctions on North Korean Crypto Networks: How the U.S. Is Targeting $2.1 Billion in Stolen Crypto

OFAC has sanctioned North Korean networks that stole over $2.1 billion in crypto in 2025, using fake IT workers to hack U.S. firms. Learn how the U.S. is targeting these schemes and what crypto companies must do to stay compliant.

Russia Legalizes Crypto Mining to Bypass Sanctions: How It Works and Why It’s Limited

Russia legalized crypto mining to bypass Western sanctions, using the A7A5 stablecoin and sanctioned exchanges to move billions in trade. But blockchain transparency and market limits make it a fragile workaround, not a full solution.