{"id":6919,"date":"2022-09-04T15:38:02","date_gmt":"2022-09-04T13:38:02","guid":{"rendered":"http:\/\/costops.com\/index.php\/2022\/09\/04\/uk-forces-crypto-exchanges-to-report-suspected-sanction-breaches\/"},"modified":"2022-09-04T15:38:02","modified_gmt":"2022-09-04T13:38:02","slug":"uk-forces-crypto-exchanges-to-report-suspected-sanction-breaches","status":"publish","type":"post","link":"http:\/\/costops.com\/index.php\/2022\/09\/04\/uk-forces-crypto-exchanges-to-report-suspected-sanction-breaches\/","title":{"rendered":"UK forces crypto exchanges to report suspected sanction breaches"},"content":{"rendered":"<p>New rules in response to Russia\u2019s invasion of Ukraine cover all notionally valuable digital assets<\/p>\n<p>Crypto exchanges must report suspected sanctions breaches to UK authorities under new rules brought in amid concerns that bitcoin and other cryptoassets are being used to dodge restrictions imposed in response to Russia\u2019s invasion of Ukraine.<\/p>\n<p>Official guidance was updated on 30 August to explicitly include \u201ccryptoassets\u201d among those that must be frozen if sanctions are imposed on a person or company. As well as digital currencies, such as bitcoin, ether and tether, cryptoassets could include other notionally valuable digital assets such as <a href=\"https:\/\/www.theguardian.com\/technology\/2022\/aug\/24\/nfts-stolen-non-fungible-tokens-criminals-scam-cryptocurrency?ref=biztoc.com&amp;curator=biztoc.com\">non-fungible tokens<\/a>.<\/p>\n<p> <a href=\"https:\/\/www.theguardian.com\/technology\/2022\/sep\/04\/crypto-exchanges-suspected-sanction-breaches-russia\">Continue reading&#8230;<\/a><br \/>\n<img src=\"https:\/\/i.guim.co.uk\/img\/media\/e92e1d7064543fac90f286a0bf80eec4bcbe0bc2\/0_212_4000_2401\/master\/4000.jpg?width=140&amp;quality=85&amp;auto=format&amp;fit=max&amp;s=e681606cb64d9fd9c8004ac09a3f926c\" title=\"UK forces crypto exchanges to report suspected sanction breaches\" \/>New rules in response to Russia\u2019s invasion of Ukraine cover all notionally valuable digital assets<br \/>\nCrypto exchanges must report suspected sanctions breaches to UK authorities under new rules brought in amid concerns that bitcoin and other cryptoassets are being used to dodge restrictions imposed in response to Russia\u2019s invasion of Ukraine.<br \/>\nOfficial guidance was updated on 30 August to explicitly include \u201ccryptoassets\u201d among those that must be frozen if sanctions are imposed on a person or company. As well as digital currencies, such as bitcoin, ether and tether, cryptoassets could include other notionally valuable digital assets such as non-fungible tokens. Continue reading&#8230;Technology | The Guardian<\/p>\n","protected":false},"excerpt":{"rendered":"<p>New rules in response to Russia\u2019s invasion of Ukraine cover all notionally valuable digital assets Crypto exchanges must report suspected sanctions breaches to UK authorities under new rules brought in amid concerns that bitcoin and other cryptoassets are being used to dodge restrictions imposed in response to Russia\u2019s invasion of Ukraine. Official guidance was updated &hellip;<\/p>\n<p class=\"read-more\"> <a class=\"\" href=\"http:\/\/costops.com\/index.php\/2022\/09\/04\/uk-forces-crypto-exchanges-to-report-suspected-sanction-breaches\/\"> <span class=\"screen-reader-text\">UK forces crypto exchanges to report suspected sanction breaches<\/span> Read More &raquo;<\/a><\/p>\n","protected":false},"author":0,"featured_media":6920,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/6919"}],"collection":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/comments?post=6919"}],"version-history":[{"count":0,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/6919\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media\/6920"}],"wp:attachment":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media?parent=6919"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/categories?post=6919"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/tags?post=6919"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}