OFAC

  • Coinbase’s BTC transfer was blocked due to technical problems, which has been repaired

    It is reported that a technical problem in Coinbase has led to the blocking of some transactions transferring Bitcoin from Coin. Users on Reddit and Twitter reported late Tuesday that when they tried to transfer Bitcoin from Coin to Coinbase, they received a notice from the Office of Foreign Assets Control (OFAC) of the US Treasury Department saying that their transfer was blocked because it came from the “OFAC sanctioned address”. Interpretation of this information: The recent news report on technical issues in Coinbase- leading to blocked transactions for transferring…

    03/08/2023
    165
  • The proportion of Ethereum blocks meeting OFAC compliance requirements has dropped to 48%

    According to reports, MEV Watch data shows that the proportion of Ethereum blocks meeting the compliance requirements of the Office of Foreign Assets Control (OFAC) of the US Treasury has dropped to 48%, reaching a three-month low. However, this figure rose sharply to 79% in the two months of November 21 last year. (Cointelegraph) Interpretation of this information: The recent report from MEV Watch indicates that the proportion of Ethereum blocks meeting the compliance requirements of the OFAC has dropped to its lowest point in the past three months. This…

    02/14/2023
    130