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Nalezeno "U.S. sanctions": 39

Treasury Says Crypto Reduces Efficacy of US Sanctions, Seeks More Funding


The U.S. Department of the Treasury says that the growing use of crypto assets challenges the efficacy of American sanctions. “We are mindful of the risk that, if left unchecked, these digital assets and payments systems could harm the efficacy of our sanctions,” the Treasury...

Venezuelan Army Starts Mining Bitcoin for ‘Unblockable Income’


The Venezuelan Army has inaugurated a cryptocurrency mining center with bitcoin mining equipment aimed at generating “unblockable income,” as the country attempts to bypass U.S. sanctions. The crypto mining center has the support of the country’s crypto regulator, Sunacrip....

Iran to Cut 4 Zeros From Its Currency Amid Chronic Inflation and US Sanctions


Iranian lawmakers have reportedly approved a plan to slash four zeros from the national currency, the rial, which has been falling sharply in value amid chronic inflation and the U.S. sanctions. The official currency will also be replaced. Economists are skeptical about how the changes will affect...

How North Korea Uses Cryptocurrencies to Get Around U.S. Sanctions


North Korea has always been under suspicion for either being involved with some notorious projects or for directly or indirectly funding weapons of mass destruction using digital currencies. Recently, the country was accused of stealing cryptos worth $2 billion to support the development of deadly...

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