カテゴリー: Sanctions

Clickbait Media Uses Bitcoin and Russia to Pump Headlines Again

Clickbaiting Telegraph Uses Bitcoin and Russia to Pump Headlines AgainIn the past week or so, a number of publications, including cryptocurrency websites, but also “reputable” mainstream outlets, have given stage to a “Kremlin economist” with a bold prediction – Russia will invest billions in bitcoin to tackle U.S. sanctions, possibly triggering a new bull run as early as next month. The claim was quoted […]

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Clickbait Media Uses Bitcoin and Russia to Pump Headlines Again

Clickbaiting Telegraph Uses Bitcoin and Russia to Pump Headlines AgainIn the past week or so, a number of publications, including cryptocurrency websites, but also “reputable” mainstream outlets, have given stage to a “Kremlin economist” with a bold prediction – Russia will invest billions in bitcoin to tackle U.S. sanctions, possibly triggering a new bull run as early as next month. The claim was quoted […]

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Venezuela Files Complaint With WTO Regarding US Sanctions Targeting Petro

On Jan. 8, the World Trade Organization (WTO) published a dispute settlement request that was filed by the Bolivarian Republic of Venezuela with regards to executive orders and sanctions maintained by the United States that target Venezuela and the nation’s cryptocurrency, the petro. The document was filed with the WTO on Dec. 28. Also Read: Malaysia […]

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Cryptocurrency Exchanges Eye Russia for Expansion Despite Sanctions

Cryptocurrency Exchanges Eye Russia for Expansion Despite SanctionsSanctions imposed by governments as part of geopolitical struggles do not always filter through to under-regulated industries. Ambitious businesses covet every opportunity for expansion and diversification. That seems to be the reason why a growing number of crypto exchanges are turning their attention to Russia and its diaspora, despite the disapprobation this risks drawing from […]

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Thousands of Banned Binance Customers Remain Cut off by the Exchange

No Respite for Thousands of Binance Users Controversially Cut off by the ExchangeBinance, the world’s second largest digital asset exchange by traded volume, has withdrawn its services from countries targeted by U.S. economic sanctions, in line with its controversial revised terms of use. However, the ban affects entire populations in countries such as Zimbabwe, where U.S. restrictions are supposed to specifically target individuals and companies. Also read: Bitcoin […]

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Bitcoin Primely Positioned as U.S. Foreign Policy Pushes Rivals to Ditch Dollar

Bitcoin at Right Side of History as Brazen U.S. Foreign Policy Pushes Rivals to Ditch DollarAs President Donald Trump presides over geopolitical shape-shifting as the poster boy of separatist politics, the most significant clapback yet may be loss of confidence in the U.S. dollar. The dollar has been politically weaponized in the service of American interests and now other global powerhouses are betting on taking back control of their economies […]

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Bill to Curb Iranian National Crypto Filed in US Congress

Draft legislation designed to hamper Iran’s efforts to create a sovereign cryptocurrency has been introduced in the U.S. Congress. The Blocking Iran Illicit Finance Act bans U.S. citizens and companies from all transactions and dealings in Iranian digital currency. The bill also introduces sanctions against foreign nationals and organizations that support the development of the […]

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Bill to Curb Iranian National Crypto Filed in US Congress

Draft legislation designed to hamper Iran’s efforts to create a sovereign cryptocurrency has been introduced in the U.S. Congress. The Blocking Iran Illicit Finance Act bans U.S. citizens and companies from all transactions and dealings in Iranian digital currency. The bill also introduces sanctions against foreign nationals and organizations that support the development of the […]

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Hit by Sanctions, Iranian Students in the UK Use Bitcoin to Bypass Banks

Hit by Sanctions, Iranian Students in the UK Use Bitcoin to Bypass BanksBefore cryptocurrencies started to be widely used for speculation, they were first of all meant to be an unstoppable method for people to control their own money. A new example that this is still a needed use case comes from the U.K., where Iranian students have to bypass the banking system which they can no […]

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Venezuelans Remain Skeptical After President Maduro Raises Petro’s Value

Venezuela Orders Government Services to Accept Any CryptocurrencyNicolas Maduro’s move to increase the price of the petro, the country’s oil-backed cryptocurrency designed to counter inflation, has sparked intense debate. Experts and tech-savvy Venezuelans alike are less than enthusiastic about the Venezuelan president’s decision. Also read: Maduro Orders Price of Venezuela’s ‘Cryptocurrency’ to More Than Double Venezuelans Unimpressed by President’s Latest Proclamation Venezuelans have blasted […]

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