Archives

June 5, 2026 @ 1:23 pm By Omar Faridi  |  

On June 2, 2026, the US Department of the Treasury’s Office of Foreign Assets Control (OFAC) took significant action by designating four prominent Iranian cryptocurrency platforms—Nobitex, Wallex, Bitpin, and Ramzinex—along with key individuals associated with Nobitex. This move underscores ongoing efforts to disrupt financial networks… Read More

May 27, 2026 @ 3:37 am By Omar Faridi  |  

On May 26, 2026, the United Kingdom imposed a significant new sanctions package targeting 18 cryptocurrency-related entities and individuals deeply embedded in networks that facilitate Russia’s circumvention of international trade restrictions. This action, issued by the Foreign, Commonwealth and Development Office (FCDO), highlights the role… Read More

May 21, 2026 @ 9:33 pm By Omar Faridi  |  

Blockchain analytics firm Elliptic has announced full integration with Kaia, a an EVM-compatible Layer-1 network designed to power regulated stablecoin payments and on-chain services across Asia. The latest partnership equips compliance and investigation professionals with comprehensive real-time and historical visibility into one of the region’s… Read More

May 15, 2026 @ 7:19 pm By Omar Faridi  |  

Elliptic has shared insights after the US Senate Committee on Banking, Housing, and Urban Affairs has advanced the Digital Asset Market Clarity Act—widely referred to as the CLARITY Act. The legislation cleared the committee on a 15-9 vote during a recent markup session, positioning it… Read More

May 12, 2026 @ 11:33 am By JD Alois  |  

Elliptic has raised $120 million in Series D funding at a pre-money valuation of $670 million. The round was led by One Peak, with participation from Nasdaq Ventures, Deutsche Bank, and the British Business Bank. Founded in 2013, Elliptic is headquartered in London with offices… Read More

May 7, 2026 @ 7:07 am By Omar Faridi  |  

Elliptic pointed out that in law enforcement and regulatory investigations, case deconfliction—ensuring different teams do not unknowingly pursue the same targets—is a routine safeguard. Yet when cryptocurrency is involved, many agencies still struggle to implement it effectively. The obstacle is not a lack of awareness… Read More

May 1, 2026 @ 10:40 am By Omar Faridi  |  

Elliptic pointed out that global regulators are now focused on paving clearer pathways for financial institutions to engage with digital assets. According to the latest insights from the blockchain analytics provider, the core focus has now seemingly shifted from whether to participate to how well-prepared… Read More

April 30, 2026 @ 2:01 am By Omar Faridi  |  

Blockchain analytics firm Elliptic has indicated that the European Union has taken a decisive step to close loopholes in its sanctions regime against Russia. On April 23, 2026, the Council of the European Union approved its 20th package of measures, with the cryptocurrency-related provisions scheduled… Read More

April 29, 2026 @ 3:28 pm By Omar Faridi  |  

Blockchain analytics firm Elliptic has spotlighted a wave of recent regulatory steps by American and European authorities that are placing digital currencies under heightened examination. These initiatives target the use of crypto for dodging international penalties, with fresh measures aimed squarely at activities linked to… Read More

April 27, 2026 @ 4:54 pm By Omar Faridi  |  

Elliptic has indicated that financial institutions have long maintained strong controls against money laundering, fraud, and sanctions violations. Yet the rise of cryptocurrencies introduces new pathways for these same threats, moving funds across borders and blockchains in seconds rather than days. Legacy monitoring tools designed… Read More

April 26, 2026 @ 12:04 am By Omar Faridi  |  

Elliptic noted that the Hong Kong Monetary Authority (HKMA) has issued its inaugural pair of stablecoin issuer licenses. The approvals, announced on April 10, 2026, came just eight months after the territory’s Stablecoins Ordinance officially launched on August 1, 2025. The two recipients—global banking leaders… Read More

April 23, 2026 @ 6:36 am By Omar Faridi  |  

Elliptic has indicated that the United Kingdom’s updated regulatory framework for crypto-assets has now moved from planning to a firm schedule. Lawmakers approved the scope of oversight earlier this year, and on 15 April 2026 the Financial Conduct Authority (FCA) issued Consultation Paper CP26/13, clarifying… Read More

April 17, 2026 @ 12:32 pm By Omar Faridi  |  

On April 16, 2026, Grinex—a cryptocurrency exchange registered in Kyrgyzstan but deeply connected to Russian financial networks—suspended all operations after suffering a large-scale cyber intrusion. The platform stated that hackers had drained user assets worth approximately $15 million, equivalent to more than one billion Russian… Read More

April 15, 2026 @ 8:59 am By Omar Faridi  |  

Blockchain intelligence firm Elliptic has share a detailed update on a major regulatory step forward by the US Treasury Department. On April 8, 2026, the Financial Crimes Enforcement Network (FinCEN) and the Office of Foreign Assets Control (OFAC) released a notice of proposed rulemaking (NPRM)… Read More

April 9, 2026 @ 6:55 am By Omar Faridi  |  

Blockchain intelligence firm Elliptic noted that AML false positives are a common operational challenge for crypto-assets compliance programs. According to insights from Elliptic, the key to effectively reducing them is configuring monitoring systems with improved data, risk-appropriate rules and wider overall blockchain visibility, so that… Read More

March 29, 2026 @ 2:36 pm By Omar Faridi  |  

In a decisive step announced on March 26, 2026, the UK government has imposed sanctions on Xinbi, a prominent Chinese-language online platform that functions as a key enabler of cryptocurrency-fueled fraud operations across Southeast Asia. The Foreign, Commonwealth and Development Office (FCDO) described Xinbi as… Read More

March 20, 2026 @ 8:35 am By Omar Faridi  |  

Blockchain analytics firm Elliptic pointed out that on March 17, 2026, the US Securities and Exchange Commission released a detailed interpretation that brings much-needed transparency to the digital asset space. Elliptic also explained that this guidance arrives in the wake of a formal agreement with… Read More

March 19, 2026 @ 10:53 am By Omar Faridi  |  

Blockchain analytics provider Elliptic has recently highlighted a US Treasury assessment that positions advanced on-chain monitoring technologies as central to strengthening safeguards against financial crime in the digital asset space. The report fulfills a congressional mandate under the Guiding and Establishing National Innovation for US… Read More

March 11, 2026 @ 11:13 am By Omar Faridi  |  

Elliptic has indicated that stablecoins have emerged as the backbone of on-chain transactions, powering everything from everyday payments to complex DeFi protocols. Blockchain intelligence firm Elliptic also mentioned that this popularity has made them the preferred vehicle for illicit finance. Elliptic pointed out that while… Read More

March 9, 2026 @ 3:59 am By Omar Faridi  |  

Elliptic has commented on significant steps taken toward integrating digital assets into the traditional financial system. Elliptic pointed out that the Office of the Comptroller of the Currency (OCC) has released detailed proposals to implement the GENIUS Act, a landmark law aimed at creating a… Read More