By Andrea Shalal and Timothy Gardner WASHINGTON, April 28 (Reuters) - The U.S. government ratcheted up pressure on Tehran on Tuesday, imposing sanctions on 35 entities and individuals for their roles in Iran's shadow banking sector,

On April 21, 2026, the U.S. Department of the Treasury’s Office of Foreign Assets Control (“OFAC”) announced a new sanctions action under its

OFAC hits Iranian central bank crypto reserves, ADT suffers major data leak, and CISA guidance for zero trust in OT

Tether froze $344 million USDT on Tron in coordination with OFAC and U.S. law enforcement, its largest single enforcement action.

The Petrotel refinery owned by Russian group Lukoil should start operating because “a letter was received from the American authorities,” which had to be compliant in terms of criteria, former energy minister Bogdan Ivan said on Monday,

For financial institutions and businesses that are subject to the oversight of the Office of Foreign Assets Control (OFAC), compliance needs to be a priority in 2023. OFAC is playing an increasingly active role in overseeing financial transactions between ...

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Joe Ciccolo is the president of BitAML, Inc., a compliance service provider. Andrew Hinkes is an adjunct professor at the NYU Stern School of Business and NYU School of Law. This article is not intended to provide, and should not be taken as, legal advice.