Cryptocurrency News
US Treasury Dept lists crypto mining firm in latest sanctions against Russia
2022.04.21 01:55
US Treasury Dept lists crypto mining firm in latest sanctions against Russia
The United States Treasury Department has added Russia-based crypto mining services provider BitRiver and several subsidiaries as firms facilitating the evasion of sanctions.
In a Wednesday announcement, the Treasury Department’s Office of Foreign Assets Control, or OFAC, said it was taking action against BitRiver AG as well as 10 of its Russia-based subsidiaries, naming the companies as ‘Specially Designated Nationals’. Firms and individuals listed as such by OFAC have their assets blocked and “U.S. persons are generally prohibited from dealing with them.”
