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Sanctions

CULTURE

Is Iran Becoming A Bitcoin Nation?

Peter Chawaga -
Iran has issued several regulations meant to control bitcoin mining operations. Is it building up a BTC hoard? And are Iranians opting in?
BUSINESS

Russian Aluminum Plant Set to House Cryptocurrency Mining Farm

Jimmy Aki -
A Russian aluminum plant, whose owner has been hit by U.S. sanctions, will lease space to a cryptocurrency mining company.
TECHNICAL

Venezuelan Central Bank Considers Adding Bitcoin to Balance Sheets

Landon Manning -
Venezuela’s Central Bank is considering adding bitcoin to its balance sheets, giving state institutions the ability to settle payments in cryptocurrencies.
CULTURE

IranRescueBit Launches Bitcoin Fundraiser to Aid Flood Victims

Colin Harper -
In the face of sanctions, a grassroots relief effort has turned to bitcoin to help hundreds of thousands of Iranians affected by flooding this year.
CULTURE

Venezuela Uses Bitcoin to Circumvent U.S. Sanctions

Landon Manning -
In a bid to circumvent U.S. sanctions, the government of Venezuela is experimenting with converting tax revenue into bitcoin and trading it for fiat currency at foreign exchanges.
CULTURE

Cuba Reportedly Evaluating Crypto in the Wake of Sanctions

Jimmy Aki -
As the Cuban economy suffers under U.S. sanctions, the government is reportedly considering the adoption of cryptocurrency.
BUSINESS

Iranian Bitcoin Mining Crackdown, Over 1,000 Devices Seized

Landon Manning -
The Iranian government has reportedly seized over 1,000 bitcoin miners as it works to curb the industry’s use of subsidized energy.
BUSINESS

Iranian Cryptocurrency Miners May Lose Subsidized Electricity

Ipecdunmanintern -
Iran’s deputy energy minister is pushing for cryptocurrency miners to pay power bills at rates equivalent to those charged for electricity exports.
CULTURE

LocalBitcoins Denies Service to Iranian Users

Landon Manning -
The peer-to-peer bitcoin trading network LocalBitcoins has shut down all trading operations for Iranian users, likely in response to sanctions against the country's government.
CULTURE

Iran’s First Ever Bitcoin ATM Unveiled in Tehran

Landon Manning -
On April 24, 2019, the first bitcoin ATM in the Islamic Republic of Iran was revealed at the 12th International Exhibition of Exchange, Bank and Insurance in Tehran.
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