News & Analysis as of

Cryptoassets Russia

Skadden, Arps, Slate, Meagher & Flom LLP

UK Sanctions Update: New Designations, Lowered Oil Cap and Continued Focus on Combatting Circumvention

- What is new: UK Russian sanctions were strengthened with new designations and a reduced oil price cap. The government also published its cryptoassets threat assessment, issued guidance on sanctions for non-UK businesses and...more

Mayer Brown

UK Weekly Sanctions Update - Week of July 21, 2025

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In this weekly update, we summarise the most notable updates in the UK sanctions world. ...more

Akin Gump Strauss Hauer & Feld LLP

CryptoLink - December 2024 Updates

CryptoLink is a compilation of news stories published by outside organizations. Akin aggregates the stories, but the information contained in them does not necessarily represent the beliefs or opinions of the firm. Akin's...more

Seward & Kissel LLP

Annual Report and Shareholder Meeting Season and Other Recent SEC Developments

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This memorandum summarizes key U.S. Securities and Exchange Commission (“SEC”) and stock exchange regulatory filing deadlines, new disclosure requirements and general tips and guidance for both U.S. domestic issuers and for...more

Seward & Kissel LLP

Changes Are Coming

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Elections, as they say, have consequences. That bit of political wisdom certainly will be true again this time around—our president-elect has been announcing appointees for cabinet positions that are bound to bring about...more

Akin Gump Strauss Hauer & Feld LLP

CryptoLink - October 2024 Updates

CryptoLink is a compilation of news stories published by outside organizations. Akin aggregates the stories, but the information contained in them does not necessarily represent the beliefs or opinions of the firm. Akin's...more

Wilson Sonsini Goodrich & Rosati

FinCEN Issues ‘First-of-its-Kind’ Order Against Crypto Asset Exchange Linked to Illicit Russian Activity

On January 18, 2023, the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) designated Bitzlato Limited (Bitzlato), a crypto asset exchange business incorporated in Hong Kong, as a “primary money...more

White & Case LLP

Switzerland implements the remaining measures set out in the EU’s 8th sanction package

White & Case LLP on

Switzerland has expanded existing sanctions and implemented new measures in response to the ongoing conflict in Ukraine. The latest modification of the Ordinance on Measures Connected with the Situation in Ukraine (the...more

BCLP

Banking Bites - November 2022

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Welcome to Banking Bites! This is our short summary flagging some key developments in your sector that we hope will inform your activities in your market....more

White & Case LLP

Switzerland implements further sanctions in connection with the situation in Ukraine

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Since July 2022, Switzerland has expanded existing sanctions and implemented new measures in response to ongoing Ukrainian conflict. Currently, packages six and seven of the EU measures have been implemented to a large...more

White & Case LLP

EU’s 8th sanctions package imposes oil price cap; expands bans on imports, export, and professional services; Asset freeze...

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On 6 October 2022, the EU adopted its eighth sanctions package against Russia.1 It includes a ban on the maritime transport to third countries of Russian crude and petroleum oil products, subject to a price cap. It also...more

Morgan Lewis

Update: EU Introduces Its 8th Wide-Ranging Sanctions Package Against Russia

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The European Union adopted its 8th sanctions package of restrictive measures against Russia on 6 October 2022 in response to the ongoing conflict in Ukraine. ...more

Latham & Watkins LLP

UK Economic Crime Bill to Reform Companies House

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The UK government is taking further measures to tackle economic crime in the UK, reforming its corporate register, and giving extra powers to the Serious Fraud Office. The UK has published the new Economic Crime and...more

Hogan Lovells

UK introduces new sanctions measures and extends OFSI reporting obligations

Hogan Lovells on

UK Government introduces new sanctions measures and extends the reporting obligations to Cryptoasset exchange and custodian wallet providers. The UK Government has implemented new restrictions in relation to investments in...more

Goodwin

Agencies Issue Joint Proposal to Strengthen and Modernize CRA Regulations

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Regulatory Developments - Agencies Issue Joint Proposal to Strengthen and Modernize CRA Regs - On May 5, the FDIC, the FRB and the OCC issued a joint Notice of Proposed Rulemaking (NPR) to “strengthen and modernize” the...more

BakerHostetler

New Crypto Payment Initiatives; Regulators Address Crypto in Speeches; Lawmakers Propose Legislation; OFAC Sanctions Crypto...

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Crypto Payment Initiatives Announced in Stablecoins, Lightning Network, Mining - Late last week, the issuer of USD Coin (USDC) announced that it had selected a major U.S. bank as a primary custodian for USDC reserves....more

Cadwalader, Wickersham & Taft LLP

Statement from UK Financial Regulatory Authorities on Sanctions and the Cryptoasset Sector

On March 11, 2022, the UK Financial Conduct Authority (“FCA”), the Office of Financial Sanctions Implementation (part of HM Treasury) and the Bank of England published a joint statement (the “Statement”) on sanctions and the...more

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