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Nalezeno "US Sanctions": 926

Rogue states dodge economic sanctions, but is crypto in the wrong?

8.6.2021

Russia Could Use Crypto to Dodge US Sanctions - Political Insider

8.6.2021
In a sign of increased acceptance of cryptocurrencies among Russia’s elite, Alexander Shokhin, the president of the lobby group Russian Union of Industrialists and Entrepreneurs (RSPP), has proposed that the country’s lower chamber of parliament, the State Duma, discusses how Moscow could...

Government Cannot Stand in the Way of Crypto Technologies, Iran Minister Says

7.6.2021
New technologies, including blockchain and cryptocurrency mining, have helped Iran to increase budget receipts and withstand foreign sanctions, according to the country’s minister for economy and finance. The high-ranking official believes the government can’t interfere with their...

De-Dollarization: Russia Removing All US Dollar Assets From Its $600 Billion National Wealth Fund

5.6.2021
Russia has reportedly announced that U.S. dollar assets will be removed from its National Wealth Fund as U.S. sanctions on Moscow intensify. The fund, which currently totals about $600.9 billion, forms part of Russia’s gold and currency reserves. Russia Steps up De-Dollarization Efforts...

Binance Extends Blockade of Zimbabwean Crypto Users to Include Non-Resident Traders

3.6.2021
Malta-based cryptocurrency exchange, Binance, has reportedly extended its blockade of Zimbabwean users to include non-resident citizens. As a result of the new measures, all Zimbabwean nationals are now precluded from using the Binance trading platform. Zimbabwean Nationals Blocked Prior to...

US sanctions agency OFAC to rely more heavily on Chainalysis

28.5.2021
Govt agencies want more tools to trace suspect crypto transactions

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...

Restrictions on Crypto Trading to Deprive Nation of Opportunities, Iranian Fintechs Warn

18.5.2021
Startups have spoken out against government attempts to curb the operations of crypto exchanges in Iran. Cryptocurrency trading is not illegal, Iranian fintechs insist, calling on lawmakers and regulators to develop rules that would allow the sanctioned country to continue to take advantage...

As Palestine Suffers, A Call For Action

16.5.2021
Stop me if you’re heard this one before.Read more

Iran Warns Crypto Investors Amid Ban on Bitcoin Mined Outside Its Borders

8.5.2021
The Central Bank of Iran has issued a warning against unrestrained crypto trading and reminded investors that only cryptocurrencies minted by licensed miners in the Islamic Republic can be used under limited circumstances. Traders will bear full responsibility for the risks, the bank cautioned...

Marathon Mines First OFAC Compliant Bitcoin Block

7.5.2021
Marathon, one of the biggest bitcoin mining dedicated companies in the U.S. and Canada, has mined the first OFAC compliant bitcoin block, only accepting transactions that comply with the directives of this government office. This has caused a stir in libertarian circles, that argue this can be...

Venezuelan Minimum Wage Reaches $3 as More Venezuelans Take Refuge in Cryptocurrencies

5.5.2021
The president of Venezuela, Nicolas Maduro, approved a minimum wage raise increase last week that took it to three dollars monthly, a very low income for the citizens of the country that are facing a strong economic crisis since 2013. However, the crypto environment has been growing, and...

Venezuelan Programmer Who Created the Petro Token Regrets Participating in the Project — Works on an Alternative Token

29.4.2021
Venezuela’s government-backed cryptocurrency is not having the acceptance its cabinet expected, as the latest reports suggest. The petro’s creator, who now lives in exile, wants to build another crypto that gets the adoption its original creation did not in the nation. Jiménez...

OFAC Escalates Russian Sanctions Listing Bitcoin Addresses, US Treasury Crypto Crackdown Rumors Spread

18.4.2021
Rumors concerning the U.S. Treasury cracking down on several financial institutions over money laundering has been spreading like wildfire on social media and forums. There’s been no formal announcement from the U.S. entity and at this stage, the news is widely considered FUD. However, some...

Shark Tank’s Kevin O’Leary Will Only Buy ‘Clean’ Bitcoins — Says Institutions Will Not Buy ‘Blood Coins’ From China

6.4.2021
Kevin O’Leary, aka Mr. Wonderful, says he will only buy “clean” bitcoins that are mined sustainably in countries that use clean energy. He says institutional investors are concerned about where bitcoins are mined and will not buy “blood coins” from China. Clean...

Iran Lends Plans to Engage in Bitcoin Mining To Avoid International Sanctions

5.3.2021
The Iranian Center for Strategic Studies has released a detailed report highlighting the urgency for the state to venture into cryptocurrency. The exclusive report emphasizes the need for cryptocurrency adoption and setting up mining in the region to boost revenue generation. The strategy thinktank...

An Iranian Think Tank Recommends the Use of Cryptocurrencies to Circumvent Sanctions

3.3.2021
A think tank affiliated with the Iranian Presidency has unveiled a study report that encourages the use of cryptocurrencies in circumventing sanctions against the country. In addition, the report also claims the government could potentially “generate US$2 million a day and $700 million a year...