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US Sanctions Three North Korea-based Crypto Hacking Groups


The United States of America has given its nod for the sanction of three North Korean state-sponsored hacker entities responsible for “North Korea’s malicious cyber activity on critical infrastructure,” announced the U.S Department of Treasury on September 13, 2019. According to the announcement...

Cubans Fall Back on Bitcoin and other Cryptos For Bypassing US Sanctions


It is a widely known fact that Cuba has been stuck in an analogue phase to date. Thus, the likeliness for the country to become a crypto hub is extremely low. However, things seem to be changing now, thanks to the mobile internet connectivity that was rolled out almost around one year ago....

Cryptocurrency Sanctions Evasion ‘Already Happening’


A financial expert believes cryptocurrencies are already playing a role in Iran and Russia’s fight against economic sanctions – and says the states’ government may turn to miners for further assistance. Per a report from Russian media outlet 360, Alex de Vries, Senior Consultant and Blockchain...

Florida-based Firm ‘Letting Venezuela Dodge US Sanctions with Bitcoin’


Venezuela is reportedly using cryptocurrencies like bitcoin to sidestep American sanctions using a Florida-based company – while the country’s financial regulator has green-lighted wide-reaching crypto pay measures for its own Petro token. Per a report published earlier this week by Spain’s...

Venezuelan Government Accused of Using Bitcoin to Bypass US Sanctions


Nicolás Maduro and the United Socialist Party of Venezuela have been accused of circumventing financial blockades imposed by the U.S. government. According to local reports, Maduro’s regime evades sanctions with cryptocurrency alongside an airline application called Jetman Pay....

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