Crypto mixer Blender sanctioned by the United States

On Friday, the US announced that it is sanctioning North Korean digital currency mixing company Blender.io, which the nation allegedly uses to launder stolen digital currency and foster cybercrimes. The sanctions, imposed by the Office of Foreign Assets Control of the Treasury Department are the first-ever on virtual asset mixing service. The new sanctions also…

Joe Biden to issue an executive order on crypto

President Joe Biden is anticipating signing an executive order on crypto this week that will mark the initial step towards regulating how digital currency is traded. The stance comes as admin officials have raised issues in recent weeks about Russia’s use of crypto to escape the impact of crushing sanctions in response to its invasion…