Policy & Regulation
Ambition to Action: The UK as a Digital Asset Hub in 2023
In April 2022, the UK Government and then Chancellor Rishi Sunak first stated the ambition “to turn the UK into…
OFAC Sanctions Internet-based Suppliers of Illicit Fentanyl and Other Synthetic Drugs
Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned three individuals and nine entities associated…
The Opportunity Before Congress on Crypto Legislation
Our comprehensive look at crypto legislation and what we might expect in the coming months or in the soon-to-be-elected 118th Congress.
Reporting Obligations of the OECD Crypto Asset Reporting Framework
The OECD recently published their framework designed to help tax authorities administer tax rules when taxpayers invest in Crypto-Assets outside…
The EU Crypto Regulation Marathon: Another Step Closer to the Finish Line
On 10 October, the European Parliament’s Committee on Economic and Monetary Affairs (ECON) voted to support the MiCA (Markets in…
Breaking Down the White House Framework on Crypto
The White House recently released their first-ever framework on digital assets. We're breaking it down in this blog post.
OFAC Sanctions Iranian Nationals For Their Role in Cyber Attacks, Including Ransomware
Yesterday, the U.S. Treasury’s Office of Foreign Assets Control (OFAC) added ten Iranian nationals and two businesses to its Specially…
Understanding Tornado Cash, Its Sanctions Implications, and Key Compliance Questions
The crypto mixer Tornado Cash is a decentralized, non-custodial smart contract. This makes sanctions compliance complicated—here's why.
Crypto Mixers and AML Compliance
In this article, we explain: what crypto mixers are, how they work, and whether they're compliant with anti-money laundering regulations.
Exploring MiCA Licensing: The EU’s New Crypto Regulations, Part 2
On June 30, the European Union recently agreed to some of the most comprehensive cryptocurrency regulations of any jurisdiction globally…
MiCA’s Crypto Travel Rule: EU’s New Crypto Regulations, Part 1
After long negotiations, the European Council has agreed on some of the most comprehensive cryptocurrency regulations of any jurisdiction globally…
Cryptocurrency Markets Aren’t Liquid Enough for Mass Russian Sanctions Evasion
One question many have asked is whether or not cryptocurrency markets have enough liquidity to allow for mass sanctions evasion…
Cryptocurrency Brings Millions in Aid to Ukraine, But Could It Also Be Used For Russian Sanctions Evasion?
As Russia’s invasion of Ukraine continues, cryptocurrency is taking on an important role in the conflict. On the positive side,…
Senate Hearing on “Understanding the Role of Digital Assets in Illicit Finance” Underscores the Value of Blockchain Transparency
The testimonies shed light on the ways in which both vulnerable populations use cryptocurrency and illicit actors abuse them, as well as how regulators can benefit from the unprecedented transparency of blockchains.
Biden’s Executive Order Signals the United States’s Commitment to Responsible Innovation in Crypto
Chainalysis welcomes today’s executive order (“EO”) on “Ensuring Responsible Development of Digital Assets.” We have provided critical services to the…