2022-2-25 06:22 |
With sanctions coming from the U.S. and allied NATO nations, it is unclear how the local BTC sector and the broader market will be impacted.
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The U.S. sanctions on financial institutions in Hong Kong could put the city’s growing crypto brokerage businesses in jeopardy.
2020-7-9 18:00 | |
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Iran’s parliament votes to institute a new currency as coronavirus and sanctions hyperinflate the rial and local Bitcoin prices skyrocket relative to official exchanges.
2020-5-5 19:14 | |
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The Ugandan Ministry of Finance have once again issued a warning about investing in crypto-assets, over concerns of rising Ponzi and pyramid schemes. Local sources say the Government is now updating its Penal Code Act to outlaw these types of scams Crypto Ponzi schemes are pilfering Ugandan investors Uganda’s State Minister of Finance, David Bahati, spoke to Uganda’s Parliament yesterday, and asked the government to publish public warnings to Ugandan investors about the risks ofRead More The post appeared first on Bitcoinist.com.
2020-2-6 05:00 | |
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The largest retailer in Venezuela, Traki, installs its first ever Bitcoin ATMs that allow customers to buy two cryptocurrencies, BTC and Dash (DASH). As the country crumbles under hyperinflation and sanctions from various countries across the globe, the government is turning to cryptocurrencies as a stable form of payment. Venezuelan president, Nicolas Maduro, announced the […]
2019-10-7 17:24 | |
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In the latest stage of its transformation from hobbyist activity to professional industry, Bitcoin mining is being embraced by governments as a way to sidestep sanctions and bolster the local economy.
2019-8-10 16:00 | |
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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.
2019-7-26 23:15 | |
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Iran will adopt a strangely paradoxical stance on Bitcoin as it legalizes mining while maintaining a ban on trading. Central Bank: Bitcoin Mining ‘Should Be Done’ According to local media outlet Press-TV and others, Iran’s central bank plans to allow cryptocurrency mining some legal freedom following an uncertain few months.
2019-7-11 13:00 | |
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By CCN: According to local reporting, Facebook’s Global Coin might soon be used to value barrels of oil, according to one wide-ranging article about the impact of technology on the Russian economy.
2019-6-7 08:05 | |
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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.
2019-4-25 17:04 | |
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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 […]
2019-4-23 02:15 | |
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Iran’s plans to launch a national cryptocurrency continue to move forward. Just a few weeks after lifting the ban on bitcoin and other digital currencies, the country announced the launch of PayMon, a local digital currency that is backed by national gold reserves.
2019-2-19 01:57 | |
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After receiving several sanctions from the United States in 2018, which made life quite difficult in the country, Iran is currently on its way to becoming one of the first crypto-friendly nations in the Middle East.
2019-2-8 03:58 | |
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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.
2019-2-7 13:05 | |
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The Iran Blockchain Community, a local NGO dedicated to developing blockchain technology in the country, welcomed the Central Bank’s draft policy on cryptocurrencies as it could help citizens bypass the sanctions imposed by the U.
2019-2-5 19:00 | |
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Iran, striving to circumvent U.S. sanctions, has reportedly offered eight countries the chance to use cryptocurrencies for international transactions
2019-1-30 14:38 | |
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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 […]
2019-1-28 08:22 | |
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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.
2018-12-14 17:00 | |
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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.
2018-11-7 06:00 | |
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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.
2018-7-29 11:53 | |
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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 […]
2018-7-29 00:00 | |
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Iran might soon take a page out of Venezuela’s playbook by launching its own state-issued cryptocurrency. The move is occasioned by the fact that the country is set to come under renewed economic sanctions from the United States.
2018-7-27 11:00 | |
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Iran has confirmed it will press ahead with creating its own state-issued cryptocurrency to circumvent incoming U. S. . sanctions, local media Press TV reported July 25. Besides, it can help us at the time of sanctions.
2018-7-26 20:03 | |
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Following Russia’s invasion of Ukraine, the US Department Of Justice (DOJ) has been applying sanctions to stop financial institutions from facilitating Russian residents. In its recent actions, many financial firms, including crypto companies, have faced legal action by US authorities resulting in hefty fines.
NFT marketplace OpenSea is delisting artist and collector accounts from Cuba in order to comply with US law regarding sanctions.
Iran recorded its first formal order for the import of goods valued at $10 million and paid for in cryptocurrency, marking a historic defining moment in the usage of cryptocurrencies. The Ministry of Industry, Mine and Trade says the country intends to employ cryptocurrencies extensively in its international trade with target countries, according to a […]
The U. S. Department of the Treasury last week connected North Korean hacking organization Lazarus to an ETH wallet used in last month’s $622 million Ronin Network hack, a sidechain established for the play-to-earn game Axie Infinity.
Sanctions are being imposed on cryptocurrency mining companies for the first time in history. The US Treasury Department announced that it is taking action against virtual currency mining companies across Russia.
The US Department of the Treasury is targeting companies, oligarchs, and bitcoin miners operating in Russia for the first time ever as the country’s conflict on Ukraine enters its third month. Treasury officials announced Thursday that the department is now pursuing the Russian commercial bank Transkapitalbank, as well as a network of more than 40 […]
The US would hold responsible anyone who assists Russia in circumventing financial sanctions in the aftermath of the Kremlin’s act of terrorism on Ukraine, US Deputy Treasury Secretary Wally Adeyemo said Tuesday.