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Disclosure of Domestic Cryptocurrency Transactions in Brazil are now Compulsory

Starting from this month, Brazilian citizens have to report cryptocurrency transactions to the competent authority compulsorily or will run into sanctions, according to a press release, August 1, 2019 Declaring Digital Currency Brazil has just made it illegal to not disclose data regarding cryptocurrencies transaction to Tax Authorities. дальше »

2019-8-2 17:00


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


Russia Will Not Legalize Cryptocurrency Anytime Soon, Even Though It Could Help Avoid US Sanctions

The battle between the Russia and the US sanctions have been difficult, which Soyuzmash Vice President Vladimir Gutenev admits. Speaking to the advisory council on military-technical co-operation, the vice president expressed that the current conditions were difficult, and the environment is far from competitive, thanks to the strong pressure from sanctions. Despite weapons already being […] дальше »

2019-7-27 00:15


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Venezuela is buying Bitcoin with airport taxes to smuggle in US dollars, report

Venezuela appears to be leveraging cryptocurrencies as part of a larger effort to bypass US sanctions. According to an investigation by Spanish newspaper ABC, President Nicolas Maduro and his administration are using a digital wallet app called Jetman Pay to convert tax revenue from one of the country’s main airports into Bitcoin and other cryptocurrencies. дальше »

2019-7-26 14:02


Cuba Studying Cryptocurrency Use to Bolster its Economy Amidst Crisis

Cuba eyeing the use of cryptocurrency in national and international commercial transactions, aiming at decentralization as well This is part of the country’s measures to boost its economy amid crisis, exacerbated by US sanctions Cuba’s Communist government has been studying the potential use of cryptocurrency as part of the measures to boost its economy amidst […] дальше »

2019-7-3 20:20


Cryptocurrency transactions could be the savior as Cuba mulls over ways to evade US-imposed sanctions

Is there any other currency that can be used to pay for pineapple pizzas and escape the economic sanctions imposed by the most powerful country in the world. Yes, there is. According to Reuters, the communist government of Cuba announced on July 2 that it was mulling the “potential use” of cryptocurrencies, in order to […] The post Cryptocurrency transactions could be the savior as Cuba mulls over ways to evade US-imposed sanctions appeared first on AMBCrypto. дальше »

2019-7-3 12:00


Bitcoin’s decentralized nature will render military superiority, economic sanctions irrelevant

A lot has been debated about whether Bitcoin would eventually disrupt traditional systems, or whether the latter would just embrace the technology. The decentralized ledger technology has undoubtedly garnered the attention of skeptics, as industry giants are looking forward to revolutionizing the existing system by leveraging the underlying tech or jumping into the cryptocurrency ecosystem […] The post Bitcoin’s decentralized nature will render military superiority, economic sanctions irrelevant appeared first on AMBCrypto. дальше »

2019-7-2 01:30