US Sanctions 45 More Targets Linked to Prince Group
The SDN update lists no crypto addresses for the newly designated parties, but US firms must still block covered assets and avoid unauthorized dealings with them.
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Sanctions
Penalties such as trade bans, asset freezes or travel bans imposed by one or more countries on another country, group or person.
Sanctions are used to pressure governments without military action, with costs for both sides.
More about SanctionsCryptocurrency
A digital currency secured by cryptography and recorded on a blockchain, without a central bank issuing it.
Crypto prices are volatile, and governments are still deciding how to regulate it.
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