US sanctions against Iranian Bitcoin addresses: an important precedent

US sanctions against Iranian Bitcoin addresses: an important precedent
Last week, the Office of Foreign Assets Control (OFAC), a structure within the US Treasury, added two Bitcoin addresses to the sanctions list (the so-called List of Special Categories and Prohibited Persons). The office announced that these wallets are associated with two citizens of the Islamic Republic of Iran, Ali Khorashadizadeh and Mohammad Ghorbaniyan.

These sanctions, the first of its kind, are part of a campaign conducted by the American authorities to monitor and restrict digital activities, including money laundering and cybercrime.

In addition, OFAC said it would monitor the exchanges that carried out the transactions of sanctioned persons: “We publish the addresses of digital currencies in order to identify the attackers ...
Read more about "US sanctions against Iranian Bitcoin addresses: an important precedent" on coinatory.com

Comments

Popular posts from this blog

Bitcoin news

What Is Bitcoin (BTC)? How to buy BTC?

$500K worth of stETH redeemed in 3 hours as Lido enables withdrawals