According to the Office of Foreign Assets Control, the crypto exchange facilitated a total of 989 transactions for users located in Crimea between the months of April 2020 and May 2022. These transactions likely involved the buying, selling, or trading of cryptocurrencies on the exchange platform. The Office of Foreign Assets Control is responsible for enforcing economic sanctions imposed by the United States government, and their mention of these transactions suggests that there may be certain restrictions or regulations in place regarding cryptocurrency transactions involving individuals or entities in Crimea.
HomeDIGITAL ASSETS REGULATORYworldwide-stablecoinCoinList agrees to $1.2M settlement over apparent US sanctions violations