Bans and Restrictions | ForkLog

ForkLog 39 23.11.2023

Expert: mining pools block transactions from sanctioned addresses

Mining pools began rejecting transactions from addresses on or to addresses on the OFAC SDN list, without including them in blocks. The situation drew the attention of a Bitcoin developer using the alias 0xB10C.

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ForkLog 20 20.11.2023

Tether freezes $225 million in USDT linked to a criminal syndicate

The issuer of the stablecoin USDT, Tether, blocked around $225 million in USDT in cooperation with the U.S. Department of Justice, the cryptocurrency exchange OKX, and analytics firm Chainalysis.

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ForkLog 16 17.11.2023

Russian-speaking Bitget clients report frozen funds; the exchange calls it ‘misinformation’

Over the course of a week, several Russian-speaking Bitget clients reported fund blocks. The exchange says it did not impose restrictions on any country.

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ForkLog 39 13.11.2023

PrivatBank comments on card blocks over cryptocurrency transactions

Ukrainian users complained about PrivatBank and Monobank card blocks after buying and selling cryptocurrencies.

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ForkLog 21 07.11.2023

Kazakhstan explains Coinbase blockage

The Coinbase cryptocurrency exchange site has stopped loading without a VPN in Kazakhstan since mid-September. Authorities have only now confirmed the blockage.

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ForkLog 19 16.10.2023

Tether freezes addresses linked to conflicts in Israel and Ukraine

Tether blocked 32 addresses for a total of $873,118.34. The issuer of USDT linked them to illicit activity, financing of terrorism and war in Israel and Ukraine.

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ForkLog 41 21.08.2023

OKX Tightens KYC Procedures

The cryptocurrency exchange OKX has required users to undergo enhanced verification with document verification and facial recognition by September 21.

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ForkLog 17 15.08.2023

Chinese citizen jailed for nine months over USDT purchase

A Chinese citizen was sentenced to nine months in prison for purchasing USDT worth 94,988 yuan (just over $13,000).

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ForkLog 11 31.07.2023

Australian Bendigo Bank restricts transfers to Bitcoin exchanges

One of Australia’s largest banks — Bendigo Bank — announced the blocking of 'high-risk crypto payments' to protect customers from fraud.

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ForkLog 9 26.07.2023

DFA issuers ordered to block funds of sanctioned foreign companies

The State Duma has required operators of DFA issuance and exchange information systems to block the funds of foreign companies subject to Russia's sanctions.

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ForkLog 23 17.07.2023

Developer suspects Brazil’s central bank added a ‘freeze’ function to the CBDC

The creators of the digital real anticipated the possibility of freezing funds and adjusting balances. This conclusion was reached by developer Pedro Magalhães, according to Decrypt.

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ForkLog 40 26.04.2023

Gibraltar court freezes assets on Binance and other exchanges in pursuit of $43 million

Cryptocurrency wallets potentially linked to the collapsed Globix exchange have been frozen on several major trading platforms by order of a Gibraltar court.

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