GUEST ESSAY: A nuclear bomb just exploded in the middle of the cryptoverse - Daily Maverick

An astonishing thing happened in the world of crypto last week. So much so, that I didn’t believe it when I first saw it. It has received almost no attention in the popular press, but a hot, red apoplexy from anyone and everyone in crypto. It bodes ill for, w…

Here is what happened.  There is a corner of the US Treasury called the OFAC the Office of Foreign Assets Control. These guys monitor global bad behaviour and mandate sanctions when appropriate. Big… [+5867 chars]

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