Press
Showing 1-20 of 28 Items
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DeFi Needs to Comply With Anti-Money Laundering Rules, US Treasury Says
In The News
Alex Zerden, a former Treasury official who advises cryptocurrency firms on their illicit-finance risks, said that while the broader regulation of digital assets remains a div...
By Alex Zerden
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U.S. Treasury’s Updated Sanctions Strategy Against Russia
In The News
Last Tuesday at the Council on Foreign Relations, U.S. Treasury Department Deputy Secretary Wally Adeyemo laid out the Biden Administration’s updated strategy for using sancti...
By Alex Zerden
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Sanctions on Russian Bank Raise Questions About ‘sanctions-proofing’ in Gulf
In The News
Rachel Ziemba, a sanctions expert at the Center for a New American Security, told Middle East Eye the bank was “ahead of the curve" in establishing itself in the UAE, to take ...
By Alex Zerden & Rachel Ziemba
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Global Financial Watchdog Suspends Russia’s Membership
In The News
“The measure is both an important political statement as well as a recognition of the threats to the global financial system posed by Russia. The FATF identified Russia’s invo...
By Alex Zerden
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Frozen Afghan Funds Have Done Little to Sway Taliban
In The News
The U.S. has stepped up use of economic sanctions and asset seizures in the past two years as a foreign-policy mechanism against Afghanistan as well as Russia. In the case of ...
By Alex Zerden
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New Cryptocurrency Unlikely to Help Russia and Iran Evade Sanctions
In The News
It appears that Russia now sees cryptocurrency as a tool for engaging in bilateral trade with Iran, and a way to pay for those drones. By January 2023, the Russian news agency...
By Alex Zerden
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How a Prominent Russian Oligarch Helped Start America’s Cannabis Industry
In The News
In addition to Abramovich’s direct funding of Curaleaf, the records show he lent about $84 million to Curaleaf’s largest shareholder, Andrey Blokh, and its chairman, Boris Jor...
By Alex Zerden
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U.S. Treasury Seeks Comment on Crypto’s Illicit Finance Risks
In The News
Various stakeholders, including crypto industry advocates, members of civil society, traditional financial institutions and crypto firms, are expected to provide comments, acc...
By Alex Zerden
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U.S. to Transfer Afghan Funds to Swiss Bank for Safekeeping
In The News
The Biden administration hopes availability of the funds for such critical foreign currency payments can help ease the economic suffering of the Afghan population and potentia...
By Alex Zerden
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Wall Street Doesn’t Hate This Spending Bill
In The News
The U.S. responded by freezing Afghanistan’s foreign exchange reserves in New York — $7 billion worth. President Biden set aside half of that for relatives of Sept. 11 victims...
By Alex Zerden
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Global Food Crisis Tests Western Resolve to Retain Russia Sanctions
In The News
In Yemen, the price of bread surged 35 percent the week Russia invaded Ukraine. Wheat mills lacking grain in Lebanon have halted operations in recent months, forcing bakeries ...
By Alex Zerden
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Web3 is set to transform the internet. Can it bring global social and economic change?
In The News
What is Web3? How are we going to use it? What does it mean for our future? What are its limitations and points of opportunity? Alex Zerden joins Khushbu Shah from The Atlanti...
By Alex Zerden
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The Future of Crypto Regulations: 4 Experts Weigh In
Until recently, the cryptocurrency world was a wild wild west for regulators. However, as the industry has matured, there has been a marked change in perspective where policym...
By Alex Zerden
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A Would-Be Crypto Baron Plies His Trade in the Taliban’s Shadow
In The News
Cryptocurrency booms are often fueled by dreams of life-changing riches. In Afghanistan, buyers are instead snapping up digital coins in hopes of preserving what wealth they h...
By Alex Zerden
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SEC Chair Gary Gensler Seeks to Regulate Crypto Platforms ‘Like Exchanges’
In The News
The Securities and Exchange Commission (SEC) is looking into crypto trading platforms being “registered and regulated much like exchanges,” Chair Gary Gensler said April 4. “I...
By Alex Zerden
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War in Ukraine, Fed Rate Hikes & Inflation: How Will These Events Affect Bitcoin?
Alex Zerden — founder of Capitol Peak Strategies, adjunct senior fellow at Center for a New American Security (CNAS) and a former Treasury Department official — told GOBanking...
By Alex Zerden
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Crypto’s War Test Leaves Future of Money Debate Wide Open
In The News
Crypto had already been seeping into every corner of culture and conversation. Then came Russia’s invasion of Ukraine, and crypto went to war, too. The sector’s involvement in...
By Alex Zerden
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Russians look to UAE to escape economic turmoil as sanctions bite
In The News
"The first question I have when Russian clients call me is 'where is the money?'" Almas, a real estate broker in Dubai, told Middle East Eye. The 55-year-old Russian speaker,...
By Alex Zerden
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War in the time of crypto
In times of crisis, there is no good; there’s only a best course of action, given the circumstances. Is crypto good in the context of Russia’s invasion of Ukraine? Is it bad? ...
By Alex Zerden
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Spurning Demand by the Taliban, Biden Moves to Split $7 Billion in Frozen Afghan Funds
In The News
President Biden is starting to clear a legal path for relatives of victims of the Sept. 11, 2001, attacks to pursue $3.5 billion that Afghanistan’s central bank had deposited ...
By Alex Zerden
