In a striking illustration of how geopolitical tensions and digital innovation are converging, a recent Chainalysis report reveals that jurisdictions and entities sanctioned by the U.S. Office of Foreign Assets Control (OFAC) received a staggering $15.8 billion in cryptocurrency transactions in 2024. This figure represents 39% of all illicit crypto activity over the past year—a […]

The post OFAC’s New Crypto Playbook as Sanctions Reshape the Illicit Financial Landscape in 2024 first appeared on The UCW Newswire.