Ethereum Project Announces It Will Reject Transactions on the US Sanctions List!

Blockchain infrastructure provider BloXrout has announced that it will reject transactions made with addresses blacklisted by the US Office of Foreign Assets Control (OFAC).

by BloXrout 18 December shared on the day in the announcementby OFAC blacklisted addresses It was stated that access to the site would be prevented. A more harmonious relationship with regulatory bodies This step will affect all cryptocurrency addresses affected by OFAC in the past and in the future:

Effective immediately, all BloXroute relays will reject all wallet transactions that interact with addresses blacklisted by OFAC.

Making a statement on the subject, BloXrout’s CEO Joshua FrankHe stated that such a move was necessary to make the Bitcoin and Ethereum networks more secure:

Transactions with addresses blacklisted by OFAC pose risks that may be associated with illegal activities. By making this decision, we want to help reduce this risk.

Some users use BloXrout by self-censoring While accusing him, he made harsh statements such as choose either the side of Ethereum or the side of regulatory institutions.

Addresses blacklisted by OFAC, terrorism, drug trafficking and other with illegal activities belongs to affiliated persons or organizations.


source site-9