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News
Republicans Seek to End Iran’s National Crypto Plans
Republicans in Congress are working on a new bill that will introduce new sanctions against the nation of Iran. The bill is designed to put “maximum financial pressure” on Iran...
Tag: Iran
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Bitcoin NewsTwo Bitcoin Addresses Sanctioned by U.S. Treasury Department
The U.S. Treasury Department has sanctioned two Bitcoin addresses used to funnel funds derived from ransomware to Iran. The ongoing sanctions by the United States against Iran is putting a...
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Altcoin NewsECB’s Board Member: Central Bank Digital Currencies Unlikely in the Next Decade
Central bank-issued digital currencies have somewhat become a widely discussed topic, as more and more countries begin exploring them. However, according to a board member of the European Central Bank,...
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Altcoin NewsIMF’s Christine Lagarde Encourages Banks to Explore State-Backed Virtual Currencies
The Managing Director of the International Monetary Fund (IMF), Christine Lagarde, recently expressed her positive views on the creation of virtual currencies issued by central banks. As more and more government...
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Altcoin NewsCentral Bank of Iran (CBI) to Launch National Rial-Backed Cryptocurrency
Reeling under fresh sanctions imposed by the United States, Iran is in the process of developing its national cryptocurrency to avoid the economic impact. Rial Backed Cryptocurrency The Central Bank...
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Altcoin NewsFinCEN Sees Iran’s National Cryptocurrency as Exploiting the Financial Ecosystem
When countries issue their own currency, no real problems arise. If that currency is designed to bypass sanctions and trading embargoes, the situation is very different. Iran is trying to...
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Altcoin NewsCountries Such as North Korea Use Cryptocurrency to Bypass Sanctions, Experts Warn
Bypassing economic sanctions is a difficult task. Various countries are exploring different methods in this regard. It appears Venezuela, Iran, and North Korea show a keen interest in using cryptocurrencies....
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Altcoin NewsIran Finalizes National Cryptocurrency Draft Document, Regulations Imminent
Iran has reportedly finalized a draft document on the matter of cryptocurrency in the country. This move comes as the government plans to create a state-issue virtual currency to circumvent...
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Bitcoin NewsAs Economy Sputters, Hackers in Iran Ramp up Ransomware Attacks
Hackers in Iran, potentially government-backed, are turning to ransomware and Bitcoin as the country’s economy falters due to sanctions. Ransomware is a scourge that affects both governments and private businesses...