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21 de abr. de 2025The US Treasury Department's Office of Foreign Asset Control (OFAC) released a press release on April 20 announcing new sanctions against Russia-based 21 de abr. de 2025After exchanges were directed to block Russian users, now, the US Department of the Treasury was throwing a jab at Bitcoin miners. As per reports, the US government 4 de feb. de 2025Russia ʼs recent legalisation of cryptocurrency mining has increased sanctions risk in a sector that conducts little or no due diligence. Crypto asset service providers and banks 7 de feb. de 2025Russian Bitcoin miners are concerned about potential exposure to sanctions due to a new government registry collecting sensitive data. The registry, in operation since November 20 de abr. de 2025In its latest round of sanctions, the U.S. Treasury Department says that it is taking action against companies in Russia's virtual currency mining industry. According to data 7 de feb. de 2025In a Telegram post on Feb. 7, Gorelkin said Russian crypto miners are now worried about the registry, fearing a data leak could expose sensitive information and lead to

Russian Bitcoin Miners Slapped With New Sanctions: Details Emerge

The squeeze on Russia's cryptocurrency industry continues. Russian Bitcoin miners are now facing increased scrutiny and sanctions risk, particularly following Russia’s recent legalisation of cryptocurrency mining. This has raised serious concerns among crypto asset service providers and banks who are wary of potential exposure.

The US Treasury Department is stepping up its efforts. 21 de abr. de 2025The US Treasury Department's Office of Foreign Asset Control (OFAC) released a press release on April 20 announcing new sanctions against Russia-based entities specifically involved in virtual currency mining.

These new sanctions are the latest in a series of measures aimed at disrupting Russia's ability to use cryptocurrency to circumvent existing financial restrictions. 20 de abr. de 2025In its latest round of sanctions, the U.S. Treasury Department says that it is taking action against companies in Russia's virtual currency mining industry. According to data, Russia has become a significant player in the Bitcoin mining landscape.

The crackdown isn't just affecting companies directly involved in mining. 21 de abr. de 2025After exchanges were directed to block Russian users, now, the US Department of the Treasury was throwing a jab at Bitcoin miners. As per reports, the US government is determined to tighten the noose.

Adding to the miners' worries, a new government registry collecting sensitive data is causing considerable anxiety. 7 de feb. de 2025Russian Bitcoin miners are concerned about potential exposure to sanctions due to a new government registry collecting sensitive data. The registry, in operation since November, requires miners to disclose detailed information about their operations.

The fear is that this data could be compromised, leading to further repercussions. 7 de feb. de 2025In a Telegram post on Feb. 7, Gorelkin said Russian crypto miners are now worried about the registry, fearing a data leak could expose sensitive information and lead to unwanted attention from international authorities and further sanctions.

The future for Russian Bitcoin miners looks increasingly uncertain as international pressure mounts. 4 de feb. de 2025Russia ʼs recent legalisation of cryptocurrency mining has increased sanctions risk in a sector that conducts little or no due diligence. This combination of factors suggests a challenging road ahead for the Russian cryptocurrency mining industry.

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