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Cubans Turn to Bitcoin, Ethereum and Dogecoin as US Sanctions Bite
3.12.2020
Another report has exposed how Cubans are sidestepping United States sanctions by using bitcoin (BTC) and altcoin remittance solutions – with conventional wire transfers all but impossible between USA-aligned nations and the communist state.
A report from Deutsche Welle’s Spanish-language service...
Venezuelan army starts mining Bitcoin to make ends meet
30.11.2020
The Venezuelan army turns to crypto mining as the country's economy collapses
Venezuelan Army Starts Mining Bitcoin for ‘Unblockable Income’
30.11.2020
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....
US intelligence is looking at Chinese CBDC as a national security threat
25.11.2020
The Director of National Intelligence wants to have the SEC's leader briefed on the dangers of the U.S. falling behind in crypto
US Government labels Virgil Griffith's argument to dismiss sanctions charges 'absurd'
22.11.2020
Government lawyers implied that citizens could legally pass along nuclear secrets to North Korea if held to the same standards as Griffith
New Dutch Law: Clients Must Explain Why They Want To Buy Bitcoin
19.11.2020
Netherlands-based crypto exchanges are now required by law to get additional information from clients regarding their bitcoin addresses. As part of the new requirements, which went into effect on Nov. 17, clients must now furnish exchanges with reasons why they wish to buy bitcoin. They will also...
Western Union Suspends US Dollar Transfers to Cuba
17.11.2020
The move follows the latest sanction from the Trump administration
State-owned Belarusbank Launches Crypto Exchange Amid Sanctions Against Lukashenko
13.11.2020
Sanctions aim to support anti-government protesters in Belarus who have been met with violence from security forces. Source: Twitter/@franakviacorka
The biggest bank in Belarus, the state-owned Belarusbank, has announced plans to co-launch a “legal” crypto exchange service that will allow customers...
Cuba’s exploding crypto interest comes amid an absence of regulation
11.11.2020
Monetary reforms and a lack of regulation mean crypto is booming in Cuba
Iran Adopts Bitcoin for International Trade Amid Heavy Sanctions, Falling Rial, Soaring Inflation
6.11.2020
The Iranian government has adopted bitcoin for international trade as the country’s economic crisis deepens, with rising Covid-19 cases, depreciating rial, and intensifying sanctions imposed by the U.S. government. Iran’s Economic Troubles Magnified Iran is undergoing a severe economic...
Venezuela to Incorporate Bitcoin and Litecoin Wallets into National Remittances Platform
2.11.2020
Venezuela says it will incorporate bitcoin and litecoin wallets to its Patria’s Cryptocurrency Remittance Platform. In an update, authorities in the country say this move will enable Venezuelan citizens to formally receive remittances in cryptocurrency form. Many citizens of hyperinflation...
Google searches for Bitcoin are on the rise in Cuba
2.11.2020
Cubans are interested in Bitcoin as other major digital payment options like PayPal are unavailable
Iran’s New Crypto Law Requires Miners to Sell Bitcoin Directly to Central Bank
29.10.2020
Iran has reportedly revised the country’s cryptocurrency regulation to require licensed bitcoin miners to sell their coins directly to the central bank for use to fund imports. Iran’s Revised Crypto Law The Iranian government has amended its cryptocurrency regulation to enable...
Cuban freedom fighters launch underground Bitcoin remittance network
27.10.2020
Fiat trades are often completed for a sizable fee by bike-riding crypto enthusiasts
Ethereum Dev Virgil Griffith’s Attorney Files Motion to Dismiss Charges of Aiding North Korea
26.10.2020
The motion, filed by Brian Klein, claims the indictment of Griffith doesn't "specify any alleged overt facts," and contains no actual allegation of fact
Ethereum researcher Virgil Griffith files motion to dismiss North Korea conspiracy charge
24.10.2020
Griffith argues that because his April 2019 conference presentation consisted of widely-available public information, he was not providing a "service" to North Korean officials
Digital Ruble Could Be Tool Against Sanctions, Bank of Russia Says
19.10.2020
Russia's central bank says a digital ruble could make Russia less dependent on the U.S. dollar and more resistant to foreign sanctions
OFAC Warns Americans Against Facilitating Ransomware Payments
5.10.2020
The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) recently issued an advisory highlighting the sanctions risk American citizens face if they help facilitate ransomware payments. In the advisory, the OFAC says it will “continue to impose sanctions on those...
Venezuela’s State-Run ‘Defi’ Crypto Exchange Goes Live After Maduro’s Anti-Blockade Speech
3.10.2020
Decentralized finance (defi) is allegedly coming to Venezuela after a recent decree from Venezuelan President, Nicolás Maduro and the United Socialist Party of Venezuela. The government recently introduced a defi platform called BDVE that purportedly provides Venezuelan citizens with the means...
Venezuela Rolls Out Ethereum-Based Stock Exchange to Help Skirt US Sanctions
2.10.2020
The blockchain-based exchange comes as part of new measures announced by President Nicolas Maduro in a big to sidestep tough U.S. sanctions