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Recent Russian Rumor Resurfaces Saying Country is Buying 1 Million Bitcoin Worth Billions to Avoid US Sanctions
Is There Any Truth to the Recent Rumor That Russia Has Just Bought a Million Bitcoin (BTC) Coins? If controversial crypto commentator Vladislav Ginko is to be believed, the Russian government has recently purchased a massive total of 1 Million BTC tokens from unknown sources. Ginko, who claims to be a tenured professor at the […] дальше »
2019-2-24 19:24 | |
Local Crypto Community is Receptive to Pro-Crypto Policies Set By Iran
Iran is resolutely stepping forward to become the first crypto nation in the Middle East. The need to float its economy after the unilateral sanctions imposed by the United States and the intense political and financial pressures exerted against the government has led Hasan Rohani’s team to see in the cryptocurrency salvation for the economy. дальше »
2019-2-7 13:05 | |
US Imposes Sanctions on Venezuela’s Oil Firm PDVSA Which Planned to Begin Petro Transactions in 2019
Nicholas Maduro’s government in Venezuela is going through tough times. In the midst of shockingly high inflation levels, the US has imposed new sanctions on the country’s state-backed oil firm PDVSA and has urged the country’s military to help with the peaceful transfer of power. дальше »
2019-1-31 22:24 | |
Russia Unlikely to Invest in Bitcoin in the Next 30 Years, Official Refutes Earlier Report
Recently, a report indicated that Russia intended to invest billions of dollars in Bitcoin to cushion itself against the effects of U. S sanctions. As we reported, the report cited a senior Russian economist and a lecturer at a national economics institution. дальше »
2019-1-17 11:06 | |
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 | |
Kremlin Economist Suggests Russia May Avoid US Sanctions By Investing in Bitcoin
Sanctions from the US have hit the Russian ruble, but reports say the Kremlin is taking steps to reduce the impact with cryptocurrency. According to Vladislav Ginko, a Russian economist with ties to the Kremlin, the government is planning a Bitcoin investment to replace part of its US dollar reserves. дальше »
2019-1-14 20:19 | |
5 Crypto Exchanges Have Been Licensed in Gibraltar Since Regulation
Several known crypto companies have been granted licenses to operate from Gibraltar since the British overseas territory adopted business-friendly regulations for the nascent industry. According to Gibraltar’s trade minister, Albert Isola, the government is now focused on creating a “supportive environment” for the sector. дальше »
2019-1-11 01:00 | |
Venezuela Pushes Back Against US Sanctions On Petro Crypto, Labels Them Coercive Restrictions
Venezuela Pushes Back Against US Sanctions On Their National Cryptocurrency Petro Earlier this week the US imposed sanctions that target a Venezuelan currency exchange network scheme that siphoned off billions of dollars to corrupt insiders of the Venezuelan government. дальше »
2019-1-10 17:46 | |
Russia to Buy Billions of Dollars Worth in BTC Next Month, Russian Economist Says
The Russian government is unwilling to allow the unilateral economic sanctions imposed by Donald Trump’s government to further affect its economy and may be considering a forceful measure to combat American power in this current diplomatic war. дальше »
2019-1-9 18:35 | |
Russia Plans to Ditch US Dollar for Bitcoin, Says University Professor
A Russian university lecturer with ties to the government says the Kremlin will soon begin investing massively in Bitcoin as a way of avoiding new U. S. sanctions, a move that could happen “in a matter of weeks. дальше »
2019-1-8 20:00 | |
Russia Says Venezuela’s Petro Acceptance ‘Not Happening’
Russia has not discounted the idea of using state-issued cryptocurrency Petro in commercial operations with Venezuela. Russia: No Petro Payments ‘Yet’ Those were the words of deputy finance minister Sergey Storchak speaking to reporters this week, local news outlet RIA Novosti reported December 13. дальше »
2018-12-14 17:00 | |
Venezuela to Use Petro Cryptocurrency in International Oil Trade
The government of Venezuela recently announced the intended sale of its oil using the Petro cryptocurrency to circumvent U. S economic sanctions come 2019. Circumventing U. S. Sanctions According to Venezuela-based satellite tv, TeleSUR, Venezuelan President, Nicolas Maduro announced that country would create a basket of cryptocurrency for oil-backed state cryptocurrency, Petro. дальше »
2018-12-8 12:14 | |
Iranian Bitcoin Trader Receiving US Sanctions Affirms Innocence In Wrongful Address Blacklisting
An Iranian Bitcoin trader called Mohammad Ghorbaniyan says that the government of the United States accused him of something that he did not do. According to the U. S. Treasury Department’s Office of Foreign Assets Control (OFAC), the man would belong in a sanctions list that cut him out of all the American financial system. […] дальше »
2018-12-5 08:51 | |
The US Government Is Powerless to Block Bitcoin Addresses
It has been widely reported this week that the U. S. government has blacklisted two BTC addresses linked to cyber crime. These particular addresses were singled out because their owners are believed to be Iranians, whose country is currently facing heavy economic sanctions from the U. дальше »
2018-11-29 17:20 | |
World’s First Two Bitcoin Addresses Sanctioned by US, But Does it Work?
The United States government has announced sanctions on two bitcoin addresses which they claim belong to two Iranians who, the government says, assisted in exchanging bitcoin ransom payments into Iranian fiat. дальше »
2018-11-29 16:36 | |
A First: U.S. Treasury Makes Bitcoin Addresses Focal Point in Sanctions
For the first time, the U. S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has traced illicit bitcoin activity to the public addresses of two sanctioned individuals. дальше »
2018-11-29 21:41 | |
Iran Feeling Heat from SWIFT Sanctions, National Cryptocurrency Ready for Blast-off?
The Society for Worldwide Interbank Financial Telecommunication (SWIFT) may have just pushed Iran to the wall in its plans to build a state-issued cryptocurrency, having abruptly ejected several banks from the marginalized Middle-Eastern state under mounting pressure from the US government. дальше »
2018-11-15 11:00 | |
New US Economic Sanctions Leads To Multiple Iran Crypto Exchanges Leaving The Islamic Republic
New Economic Sanctions in US Leads To Withdrawal of Multiple Crypto Exchanges From Iran In an announcement from the US government, new economic sanctions have been established that will prevent the majority of the world from using many of Iran’s major resources, including their oil, shipping, and gas market. Their financial system is included in […] дальше »
2018-11-8 01:18 | |
Petro Cryptocurrency Is Legally Recognized As Valid Tender By Venezuela Supreme Court
Venezuela has been working hard to establish itself as the first country to launch a national cryptocurrency – the Petro. The government announced that the cryptocurrency is to mitigate issues associated with traditional fiat currency. дальше »
2018-11-4 14:36 | |
Fincen Claims Iran Is Using Crypto to Evade Sanctions
The Financial Crimes Enforcement Network has warned U. S financial institutions that the Iranian government might be dodging economic sanctions by using cryptocurrencies. The document highlights challenges arising from peer-to-peer virtual currency exchanges and encourages banks to monitor blockchain ledgers for transactions tied to the country. дальше »
2018-10-15 15:35 | |
U.S. Senators Push for Stronger Sanctions Against Venezuelan Petro
A bipartisan group of senators in the United States are seeking strong sanctions against Venezuela’s Petro. The proposed sanctions would extend an executive order from March to prohibit U. S. residents from providing software to the Venezuelan government in its efforts to launch the Petro. дальше »
2018-10-8 06:25 | |
North Korea Can Use Hot Virtual Wallets to Circumvent U.S. Sanctions
North Korea is a country that has been hit hard by U.S. sanctions in recent years, as the international community, and specifically the United States government attempts to push its… The post North Korea Can Use Hot Virtual Wallets to Circumvent U.S. Sanctions appeared first on CoinCentral. дальше »
2018-10-2 18:37 | |
Bitcoin Hits $24,000 In Iran After Government Okays Mining
The world’s most expensive bitcoin core (BTC) price is in Iran. A combination of high foreign currency demand, economic sanctions and an improved regulatory environment – with some speculation – have sent the price of the leading digital currency skywards. дальше »
2018-9-6 04:05 | |
Bitcoin Hits $24000 In Iran As Government Recognises Crypto Mining As An Industry
Recently, Iran have announced that they will start to recognise cryptocurrency mining as an industry. This comes after an increased pressure on the country by the United States changing the economic sanctions. дальше »
2018-9-5 18:00 | |
Venezuela’s Cryptocurrency Petro Has No Users, No Investors and No Oil to Back It Up
The petro has stirred up a lot of debate among the cryptocurrency community. Some believe it is a successful example of using the technology to create resource-backed assets and bypassing financial sanctions. дальше »
2018-9-3 18:55 | |
Iran Set to Make U-turn on Cryptocurrency Ban
Iran is reportedly considering going back on its cryptocurrency ban. This move comes as the government makes definitive steps towards creating a national virtual currency to circumvent U. дальше »
2018-8-29 13:55 | |
Venezuela Nationalizes Petro, Will Introduce Crypto-Based Salary System for Workers
Venezuelan President Nicolas Maduro recently revealed that the nation’s oil-backed cryptocurrency, the petro, will be used as a unit of account by the state oil company PDVSA. дальше »
2018-8-16 00:26 | |
Iranian Hackers Develop Ransomware to Secure Bitcoin Amidst Looming U.S. Sanctions
Iranian hackers are currently responsible for a series of ransomware attacks. These attacks tend to render a computer system unusable until a certain number of bitcoins are paid, As reported by the Wall Street Journal on August 7, 2018. дальше »
2018-8-9 11:26 | |
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 | |
Cryptocurrency like Bitcoin to be used by Iran to escape Donald Trump’s sanctions
The recent hustle-bustle between Iran and the United States of America seems to have taken a new turn. The Iranian government is all set to develop its own cryptocurrency in order to escape from the United States sanctions, as reported by a local newspaper. дальше »
2018-7-29 11:53 | |
Looming US Sanctions Lead Iran to Develop a National Digital Currency
Iran is planning to issue its own national crypto in the face of looming sanctions by the US government. The Middle Eastern country intends on working with local companies with expertise in cryptography and technology to develop the national crypto, with the country’s central bank being in charge of the development process. This is not […] дальше »
2018-7-29 00:00 | |
The Iranian Government Is Preparing to Launch Its Own Cryptocurrency
The government of Iran is preparing to launch its own cryptocurrency, according to state-controlled media reports. The intended purpose of the new Iranian govcoin is to help the country skirt the international financial sanctions meant to cut its access to the global economy. дальше »
2018-7-27 04:45 | |
How To Bypass Donald Trump’s Economic Sanctions With Crypto And Bitcoin
We all seem to forget that cryptocurrency was made for this exact reason. By using the blockchain, cryptocurrency can allow citizens to break free from economic pressure to seek liberation from sanctions. дальше »
2018-7-26 14:00 | |
Iran Designs National Digital currency as New US Assents Linger
Iran may soon issue its own cryptocurrency as a way to bypass new economic sanctions enacted by U. S. President Donald Trump. A plan to develop an “indigenous” cryptocurrency is currently on the agenda of the government’s Science and Technology Department, according to Iran’s official news outlet PressTV. дальше »
2018-7-26 13:59 | |
The US government seized the Iranian holdings of Holder assets
The United States government has confiscated 500 Bitcoin from Iranian holder assets — estimated at USD 5. 77 million in purchase value. The exact reason for the confiscation is unclear, though some speculate it has to do with Iranian bitcoin holders evading imposed U. дальше »
2018-7-25 17:31 | |
US Government Confiscates Iranian Bitcoin Holder Assets
The United States government has confiscated 500 Bitcoin from Iranian holder assets — estimated at USD 5. 77 million in purchase value. Recently, ibena reported that the U. S. Federal Government had confiscated 500 BTC belonging to Iranians — valued at 25 billion rials at the time of purchase. дальше »
2018-7-25 14:00 | |
Iranian Government Gags Crypto Exchanges To Fight 127% Inflation And New US Sanctions
The government in Iran has gagged bitcoin exchanges across the country, claim bitcoin users and alternate coin community of the Islamic state. The government has been censoring its citizens from engaging in crypto-economy, to apparently counter the fresh round of economic sanctions that the US government is looking to impose later in August this year. дальше »
2018-7-5 21:31 | |
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