United States of America: Restriction to the use of digital currencies in US orders against harmful activities of Russia

Progress

Current status
in force
01 Mar 2022 in force
28 Feb 2022 adopted
15 Apr 2021 adopted

Scope

Implementers
United States of America
Policy Area
Other operating conditions
Policy Instrument
Other operating condition, nes
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Government Branch
executive
Government Body
other regulatory body
central government
Implementation Level
national

Timeline of events

01 Mar 2022
in force

Implemented OFAC Order enacting Executive Order on Blocking Property related to harmful activities of the Russian Government

On 1 March 2022, the Department of the Treasury’s Office of Foreign Assets Control (OFAC) implemented the "Russian Harmful Foreign Activities Sanctions Regulations", enacting the Presidential Executive Order titled "Blocking Property With Respect T…

Source
Event type order
Action type implementation
Government branch executive
Government body other regulatory body
28 Feb 2022
adopted

Adopted OFAC Order enacting Executive Order on Blocking Property related to harmful activities of the Russian Government

On 28 February 2022, the Department of the Treasury’s Office of Foreign Assets Control (OFAC) adopted the "Russian Harmful Foreign Activities Sanctions Regulations", enacting the Presidential Executive Order titled "Blocking Property With Respect T…

Source
Event type order
Action type adoption
Government branch executive
Government body other regulatory body
15 Apr 2021
adopted

Adopted Executive Order on Blocking Property related to harmful activities of the Russian Government

On 15 April 2022, the President of the United States adopted an executive order titled "Blocking Property With Respect To Specified Harmful Foreign Activities of the Government of the Russian Federation". The order prohibits deceptive or structured …

Source
Event type order
Action type adoption
Government branch executive
Government body central government