#US sanctions

Highlights: Two UK crypto exchanges aiding Iran’s financial network have been sanctioned by the US Treasury. Zedcex and Zedxion are alleged to have facilitated transitions for the IRGC. These sanctions signal stricter compliance measures for global crypto companies. The U.S. […]

The Russian Government plans to legalize stablecoins to facilitate cross-border payments. Given the U.S. sanctions imposed after the Ukraine-Russia conflict, this move will simplify Russia’s international funds transfers as an alternative.  A report published by state-run media outlet Izvestia uncovered […]