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Nalezeno "UN sanctions": 958

Unbanked Hong Kong Chief Carrie Lam: “I Have Piles of Cash at Home”


Hong Kong Chief Executive Carrie Lam says she is currently unbanked and keeps piles of cash stashed at her home courtesy of US sanctions. Alongside 14 Chinese and Hong Kong officials, Lam has been slapped with punitive measures that effectively cut her off from the banking system. The US government...

Cubans Turn to Bitcoin, Ethereum and Dogecoin as US Sanctions Bite


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 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....

New Dutch Law: Clients Must Explain Why They Want To Buy Bitcoin


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...

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