Tag: Office of Foreign Assets Control
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Trump lifts sanctions on Russian companies allowing them to trade in products related to nuclear energy
The Office of Foreign Assets Control of the US Department of Treasury removed some trading sanctions over a series of Russian companies including Gazprom enabling them to trade in nuclear related material. The companies are not allowed to open bank accounts in the US or with US banks. The removal of these restriction comes as…
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Chun Wang stopped using an OFAC Filter for Russian transactions after protests by bitcoiners
Chun Wang‘s F2Pool is still being used by Russian miners after Chun Wang removed an OFAC transaction filter that seemingly blocked transactions from Russia. After the filter was discovered by several crypto sleuths, bitcoiners protested about its censorship. Chun Wang defended himself with a tweet he later deleted saying he blocked transactions from dictators, criminals…
