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How countries utilize cryptocurrencies to avoid international sanctions
There have been numerous news pieces detailing several countries using cryptocurrencies as tools to avoid sanctions imposed by other countries. Most of these countries are suffering from US or EU sanctions, therefore, it’s understandable that their main goal of avoiding them is to somehow fill up on these strong currencies to support their own ones. дальше »
2019-7-31 13:32 | |
Iran’s Use of Bitcoin to Avoid Sanctions May Fuel U.S. Regulatory Crackdown
The crypto markets have been flooded with a torrent of news regarding how top government officials in the US feel about Bitcoin (BTC) and cryptocurrencies, with U. S. President Donald Trump saying that he is “not a fan” while his Treasury Secretary, Steve Mnuchin, explained that crypto is a “national security” issue. дальше »
2019-7-19 01:00 | |
In a bid to avoid US sanctions, Iran sought solace in Bitcoin and blockchain?
Several countries across the world have joined the Bitcoin and cryptocurrency bandwagon, either in full or partial capacity. China, Russia, and Iran have made news in the cryptocurrency industry either due to positive adoption or because of integrating the ingrained technology for their own use cases. дальше »
2019-7-14 22:00 | |
Europe May not Need Bitcoin to Circumvent U.S. Sanctions
The Trump administration has been responsible for the recent wave of economic sanctions placed on several countries. The most notable on this list has been Iran. The two country’s tense history around the accumulation of resources needed for atomic weapons has also added an element of global concern. дальше »
2019-7-15 21:00 | |
Russian Gold-Backed Crypto Slams the Global US Dollar Standard
By CCN Markets: Russia is continuing to explore the possibility of a gold-backed cryptocurrency for use as a cross-border settlement alternative with other countries. Under heavy sanctions from the US, the potential of a value-pegged cryptocurrency could help Russia escape from the usage of the Dollar as a currency standard. дальше »
2019-6-17 15:17 | |
LocalBitcoins Denies Service to Iranian Users
The popular peer-to-peer bitcoin trading network LocalBitcoins has shut down all trading operations for Iranian users. LocalBitcoins’ website offers a variety of pages for users of different nations and, as of May 24, 2019, the Iranian page displays a message that “LocalBitcoins is currently not available in your selected region,” in English only. дальше »
2019-5-25 20:14 | |
Report: North Korea May Exploit Southeast Asia’s Crypto Exchanges
North Korea could pose a threat to countries across Southeast Asia as it looks to exploit cryptocurrency exchanges due to gaps in regulatory frameworks, according to a new report. дальше »
2019-4-25 17:04 | |
Russian President Adviser Urges Adoption of Crypto Assets in Crimea to Attract Investors
Cryptocurrency is becoming more widely adopted by countries around the world, though there are still many areas that have not created the right climate. In Crimea, an adviser to the Russian president has recently recommended adopting cryptocurrency, in hopes that it would bring new investors and avoid sanctions. This information was reported by the local […] дальше »
2019-4-23 02:15 | |
Inside North Korea’s evil masterplan to siphon Southeast Asia’s cryptocurrency
North Korea might be posturing to attack Southeast Area’s growing cryptocurrency sector, and experts say it demands international response to reduce the threat. British defense think-tank Royal United Services Institute (RUSI) has warned countries like Singapore, Thailand, Malaysia, and Vietnam could soon become targets of state-sponsored hackers intent on skirting international economic sanctions, CNBC reports. дальше »
2019-4-15 12:56 | |
The Global Bitcoin Lightning Torch Payment Experiment Is Burning Out Soon #LNTrustChain
The lightning torch of Bitcoin will burn out soon, ending a worldwide payment experiment with hundreds of tech giants in participation like Jack Dorsey the CEO of Twitter, and users from different parts of the world in countries that are restricted by economic sanctions. дальше »
2019-4-6 17:14 | |
Russian Gold Stockpile Grows as Analysts Warn of Global Recession
Following sanctions imposed on Russia, Putin is supporting a mass gold stockpile expansion and a sale of U. S. debt holdings. With a trade war blazing, and sanctions laid across countries to force North Korea and its associates into submission, what happens to other economies? Countries like Russia are using this opportunity to step away from America’s mounting debt. дальше »
2019-3-22 23:00 | |
UN Report: North Korea pocketed $571 million from exchange hacks
A new U.N. report is linking cryptocurrency exchange hacks to North Korea. The report reveals that the embattled dictatorship continues to wage cyber attacks against other countries as a way to circumvent global sanctions and acquire foreign currency, using digital currencies to launder its illicit gains. дальше »
2019-3-19 21:00 | |
Job for XRP? EU to Circumvent Trump Sanctions
The inadequate behavior of the administration of the US President creates serious threats to the European Union. The EU countries, to the best of their strength and courage, are trying to save themselves by circumventing sanctions against Iran/ their important trade partner. дальше »
2019-2-7 23:01 | |
Venezuela Releases New ‘Constituent Decree on the Integral System of CryptoAssets’ Regulations
The situation in Venezuela is continually deteriorating. The country’s worsening political scenario is being catalyzed by sanctions from foreign countries. To make thing worse, the USA is planning a military intervention in the country. дальше »
2019-2-3 20:00 | |
Iran in Talks With 8 Countries for Use of Cryptocurrency in Financial Transactions
Iran is exploring various options, including holding negotiations with other countries to introduce cryptocurrency in global trade, as the Islamic state moves to sidestep U. S. economic sanctions. дальше »
2019-1-30 05:01 | |
New Rial Stablecoin Cryptocurrency Project Planned for Launch in Iran, Avoid US Sanctions
As more countries are coming to terms with the concept of cryptocurrency, there are many governments producing their own coins to have some kind of standing in the industry. One of the latest to create a coin with the local currency is a stablecoin in Iran. The country has decided that their new crypto asset […] дальше »
2019-1-28 08:22 | |
Russian Official: BRICS Countries Continue Unified Payments Systems Developing, No Plans for Bitcoin in Near Future
Last week, the news that Russia is considering investing huge amount of money into Bitcoin as a means to invade US sanctions spread like fire. Given the fact that Russia has been working on de-dollarization plans for a long time now while looking for an alternative reserve currency further put force behind this news. This […] дальше »
2019-1-17 20:25 | |
European Banking Regulators Call for Unity in Crypto Regulations
Last week, two of the largest banking regulators within the European Union released reports calling for uniformity in the regulations of crypto assets and Initial Coin offerings (ICOs) across the continent. дальше »
2019-1-16 01:54 | |
Is Russia Really Planning a 10 Billion Dollar Bitcoin Buy?
It has long been known that dark web participants use cryptocurrency to make deals and do business. There has also been no shortage of connections of Bitcoin to hackers and even government intelligence operatives. дальше »
2019-1-16 21:59 | |
Binance Exchange’s Revised Terms and Conditions Force Banned Country Customers to Remain Cut Off
As many of our readers might already be aware of, Binance, one of the world’s premier cryptocurrency exchange platforms, has officially withdrawn its services from certain countries that have recently been targeted by US economic sanctions as part of its controversial revised terms of use. To be even more specific, we can see that this […] дальше »
2019-1-6 22:04 | |
Thousands of Banned Binance Customers Remain Cut off by the Exchange
Binance, the world’s second largest digital asset exchange by traded volume, has withdrawn its services from countries targeted by U. S. economic sanctions, in line with its controversial revised terms of use. дальше »
2019-1-6 03:00 | |
Belarusian Crypto Users Lose Access To Binance Services In New Economic Sanctions
One of the biggest inconveniences in the cryptocurrency world is the way that various countries restrict it with their regulatory measures. However, economic policies outside of cryptocurrencies, like bans against doing business with certain countries, can lead platforms to modify their policies on the areas that they are willing to function in. Users in Belarus […] дальше »
2018-11-30 07:09 | |
Crypto Experts From Sanctioned Countries to Receive Training in Crimea
The leading crypto industry association in Crimea has proposed establishing an international training center to prepare experts from countries that have been placed under western sanctions. The idea is to use advanced technologies associated with cryptocurrencies to attract foreign investors to these jurisdictions. дальше »
2018-11-17 22:20 | |
Crimea to Set Up Blockchain University to Help Countries Evade U.S. Sanctions
Crimea, a disputed territory between Ukraine and Russia, is heading towards the creation of an international center for blockchain technology. Authorities in the Crimean Peninsula regard blockchain technology as a solution for states under international sanctions. дальше »
2018-11-17 16:30 | |
Russian Developers to Help Iran Build Its Crypto-Economy
Experts from Russia will provide support for the development of Iran’s crypto-economy. The cooperation is part of an agreement reached by representatives of leading industry organizations from the two countries, both subjected to western sanctions. дальше »
2018-11-15 03:55 | |
SWIFT Kicks Out Iran – One Of The 3 Cheapest Countries To Mine Bitcoin
The Society For Interbank Financial Telecommunication (SWIFT) has begun blocking access to international transfers for Iranian member banks as new US sanctions take effect. SWIFT: Block Is ‘Regrettable’ As Reuters originally reported, November 10 marks the first day of action which will see financial institutions cut off from SWIFT, which facilitates cross-border payment instructions to more than 200 countries. дальше »
2018-11-13 00:00 | |
Binance and Bittrex drop Iran from their list of supported countries
According to Sepehr Mohammadi, the head of Iran’s blockchain community, some of the major global cryptocurrency exchanges such as Binance and Bittrex have unofficially dropped Iran from their list of supported countries after the United States imposed more stringent sanctions against the Islamic Republic, the BTC Wires reported. дальше »
2018-11-8 16:36 | |
Global Cryptocurrency Exchanges Cut Ties With Iran After New US Sanctions
A number of cryptocurrency exchanges have reportedly cut ties with Iran after the U. S. imposed tougher economic sanctions against the Islamic Republic. Sepehr Mohammadi, head of Iran’s Blockchain Community, told local media that Binance and Bittrex are some of the platforms to have unofficially dropped Iran from the list of supported countries to receive services. дальше »
2018-11-7 06:00 | |
BlockFi Announces Global Expansion of Its Crypto-Backed Loan Services
Galaxy Capital–backed BlockFiis taking its loan services to the global stage. According to a statement shared with Bitcoin Magazine, the platform is expanding its services to an international audience. дальше »
2018-10-31 17:17 | |
Poloniex Revised Terms of Use, Shutters Services in Several Countries
With a revision to the popular exchange’s terms of use, users from a handful of jurisdictions will have their access to Poloniex shuttered. According to an October 18, 2018, update, “the websites and the services offered by Poloniex (as defined below) are NOT addressed to persons who have their registered office or place of residence in China, Germany, Pakistan, the U. дальше »
2018-10-26 22:46 | |
Legalization of Cryptos in Iran Imminent as Government Looks for Ways to Beat U.S. Sanctions
Iran could soon join the list of countries where cryptocurrencies are officially legal. This move should come as no surprise as the country has already revealed plans to introduce its own national cryptocurrency in a bid to beat US sanctions. дальше »
2018-8-1 15:59 | |