Russia's Billion Dollar Crypto Market Targeted by US for Evading Sanctions
Russia's billion dollar crypto market is facing new scrutiny from the West in response to Moscow's invasion of Ukraine amid ...
Source: theepochtimes.com
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U.S. Crypto-Mining Company Sells Gear Stuck in Russia to Avoid Sanction
(Bloomberg) -- An American crypto-mining company is trying to quickly liquidate $30 million of equipment in Siberia after the U.S. sanctioned a rival over its Russian operations. Compass Mining Inc.
Source: bloombergquint.com
Russian cryptomining firms receive US sanctions
The U.S. Treasury Department has introduced new sanctions against major Russian corporations involved in large-scale cryptomining in an effort to better block parties involved in helping threat actors and other entities evade sanctions previously imposed on Russia.
Source: scmagazine.com
US Sanctions Russian Bitcoin Miner to Farther Punish Putin for Ukraine War
The US Treasury said that Russia's advantage in energy resources and having a cold climate make its crypto mining services cheaper for foreign firms.
Source: businessinsider.com
U.S. Treasury Sanctions Russian Bitcoin Miners, as War Enters Its Third Month
For the first time ever, the U.S. Department of the Treasury is taking aim at bitcoin miners operating in Russia.
Source: nbcdfw.com