Venezuela’s Oil Exports Turn to Cryptocurrency to Dodge Sanctions

Venezuela’s Oil Exports Turn to Cryptocurrency to Dodge Sanctions

As a response to the renewed U.S. sanctions, Venezuela has intensified the use of digital currencies in oil transactions. PDVSA, the state oil company...

US Treasury Warns on Russia USDT Use to Skirt Economic Sanctions

US Treasury Warns on Russia USDT Use to Skirt Economic Sanctions

The US Treasury has warned about Russia’s USDT use of illicit activities in its latest report. According to the report, the agency claims that to get...

EU Cracks Down on Crypto in Sanctions Evasion Fight

EU Cracks Down on Crypto in Sanctions Evasion Fight

European Union (EU) lawmakers have taken decisive action to bolster efforts to tackle sanctions violations, including those involving cryptocurrencies...

Judge Sanctions Binance’s $4.3 Billion Plea Deal in US Court

Judge Sanctions Binance’s $4.3 Billion Plea Deal in US Court

Binance Holdings Ltd. has agreed to a $4.3 billion plea deal, receiving approval from a US judge. This settlement marks one of the most substantial cr...

Russian Economist: ‘US Sanctions Will Undermine Dollar and Boost Digital Ruble’

Russian Economist: ‘US Sanctions Will Undermine Dollar and Boost Digital Ruble’

A leading Russian economist has claimed that American sanctions will ultimately undermine the role of the US dollar in the global economy – and help t...

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