Tag: Cash

US Treasury sanctions USDC and ETH addresses connected to Tornado Cash

boss

The United States Treasury Department has added more than 40 cryptocurrency addresses allegedly connected to controversial mixer Tornado Cash to the Specially Designated Nationals list of the Office of Foreign Asset Control, or OFAC. In a Monday announcement, OFAC effectively barred U.S. residents from using Tornado Cash and placed 44 USD Coin (USDC) and Ether (ETH) addresses connected to the mixer on its list of Specially Designated Nationals. The department alleged that individuals and groups had used the mixer to launder more than $7 billion worth of crypto since 2019, including…

Crypto-Mixing Service Tornado Cash Blacklisted by US Treasury

“Tornado Cash has been the go-to mixer for cybercriminals looking to launder the proceeds of crime, as well as helping to enable hackers, including those currently under U.S. sanctions, to launder the proceeds of their cybercrimes by covering up the origin and transfer of this illicit virtual currency,” a senior department official said. “Since its creation back in 2019, Tornado Cash has reportedly laundered more than $7 billion worth of virtual currency.” Source

Voyager to Allow Cash Withdrawals for Customers With US Dollars Held in Accounts – Bitcoin News

boss

Jamie Redman Jamie Redman is the News Lead at Bitcoin.com News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open-source code, and decentralized applications. Since September 2015, Redman has written more than 5,700 articles for Bitcoin.com News about the disruptive protocols emerging today. Original

Voyager plans to resume cash withdrawals on Aug. 11

boss

Crypto lender Voyager Digital Holdings has reported users may be able to make cash withdrawals from the app more than a month after suspending trading, deposits, withdrawals and loyalty rewards. In a Friday blog post, Voyager said clients with U.S. dollars in their accounts could withdraw up to $100,000 in a 24-hour period starting as early as Aug. 11, with the funds received in 5–10 business days. The announcement followed a judge ruling on Thursday the crypto lending firm was cleared to return $270 million in customer funds held at…

Bankrupt Crypto Firm Voyager Digital Approved to Release $270 Million in Cash Deposits – Bitcoin News

boss

The now defunct and bankrupt Voyager Digital has been approved by the court to distribute $270 million in funds to creditors and affected customers. The news follows the Federal Deposit Insurance Corporation (FDIC) and the Federal Reserve Board ordering Voyager to remove any statements that allege Voyager is FDIC insured. The U.S. Bankruptcy Court in New York and Judge Michael Wiles have allowed Voyager’s custodian, Metropolitan Commercial bank, to release the $270 million. New York Bankruptcy Court Approves Release of $270 Million From Voyager’s Custodian The TSX-listed crypto exchange Voyager…

Israel puts the brakes on cash to spur digital payments

boss

Authorities in Israel on Monday has in put in place further restrictions on cash payments as a means to combat illegal activity and spur digital payments in the country.  Since January 2019, Israeli businesses and consumers have been subject to limits on cash payments under the Law for the Reduction in the Use of Cash. It’s aimed at shifting the country’s citizens and businesses toward digital payments, allowing authorities to more easily track tax evasion, black market activity, and money laundering. From August 1, the limits on cash payments have…

Israel Prohibits Cash Deals for Amounts Starting as Low as $1,700 – Finance Bitcoin News

boss

New legislation introducing tighter restrictions on payments with large sums of cash will enter into force in Israel on Monday. The goal, as stated by the country’s tax authority, is to improve the fight against organized crime, money laundering, and tax evasion. Critics doubt the law will achieve that. Authorities in Israel Go After Cash Purchases, Introduce Lower Limits Payments of large sums of money in cash and bank checks will be further restricted in Israel by amendments set to take effect on Aug. 1. Tax officials want to further…

Shibadoge Listing On Binance,Coinbase And Is Whales Biggest Coin Now!

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Shibadoge Listing On Binance,Coinbase And Is Whales Biggest Coin Now! Buy Customized Email e.g info@yourname.com With Bitcoin Get a Cheap Business Website With Bitcoin Buy VPN With Bitcoin Buy Domain And Hosting With Bitcoin Buy SSL With Bitcoin Invest In Crypto Today Using Below Links and Get Free Bonuses; Register on Kucoin Register on Gate Register on Binance Register on Remitano #shibadogelisting #Shibadogeprediction #cryptocurrency #Ethereumwhales Crypto.com CRO From Now To 2022 May 31 Predictions. Link Below; List list of top celebrities that…

Wojak started mining Bitcoin on a Tesla

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Wojak got a great hustle idea… What if you start mining Bitcoin on a Tesla model S ? Prior to 2016, all vehicles bought have an unlimited supercharging pass.. You can basically get free electricity! So it’s the perfect moment to mine bitcoin and build a mining rig.. Bye bye the electricity costs.. But is Bogdanoff going to let that happen? Become a channel member now and get multiples advantages : 📩 For business inquiries, contact me on this address : zerobudgetstories@gmail.com…