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Crypto remittances in Venezuela surge as economic situation worsens
5.7.2024
Sanctions from the United States, spiraling inflation, and government corruption have created an economic nightmare for Venezuelans
Amid Sanctions, Bitcoin Mining Machines Are ‘Flowing’ Into Russia, as Industry Thrives
28.7.2023
Mining rig makers like Bitmain and MicroBT are expanding to Russia as the U.S. market becomes saturated, source said
Iran Is Using Bitcoin Mining to Circumvent Sanctions, According to Elliptic
23.5.2021
Iran is using Bitcoin mining to circumvent and lessen the effect of the economic sanctions that the U.S. and other countries have applied to the country since 2006, according to a new study by Elliptic, a blockchain analytics and financial crime compliance firm. The country is indirectly using...
Iran Finds Scapegoat In ‘Easy Victim’ Bitcoin as Officials Shut Down 1,600 Mining Farms
27.1.2021
As Iran experiences rolling electricity blackouts, the country’s authorities have responded to the crisis by targeting bitcoin mining farms. The sanctions-hit country’s campaign against miners has seen a total of 1,600 mining centers being shut down. This Iranian blitz on cryptocurrency...
Iran Is Ripe for Bitcoin Adoption, Even as Government Clamps Down on Mining
24.9.2020
Iran is regulating bitcoin mining with an iron fist. But as U.S. sanctions and the pandemic put pressure on the economy, Iranians are seriously considering bitcoin as an alternative to the falling rial
US Treasury Targets Crypto Addresses of Alleged Narcotics Traffickers
21.8.2019
The U.S. Treasury has blacklisted three Chinese citizens and their cryptocurrency addresses