Reuters recently [again] accused Binance of processing transactions from Iran worth over $8 billion despite U.S. sanctions. And this is not for the first time.
The conflict between Ukraine and Russia has led to multiple holistic sanctions from the Western world. Its impact on the Russian economy cannot be fully estimated yet, but any regular citizen can easily see how this has changed their lives.
The bigger question relates to whether Tether would bow to Washington's sanctions if asked to do so — perhaps fearing recriminations on its other lucrative operations.
The bigger question relates to whether Tether would bow to Washington's sanctions if asked to do so — perhaps fearing recriminations on its other lucrative operations.
Reuters recently [again] accused Binance of processing transactions from Iran worth over $8 billion despite U.S. sanctions. And this is not for the first time.
The conflict between Ukraine and Russia has led to multiple holistic sanctions from the Western world. Its impact on the Russian economy cannot be fully estimated yet, but any regular citizen can easily see how this has changed their lives.
The Russian payment system is going through bad times. Not only have foreign banks stopped accepting Mir cards, but hackers are also trying to ruin its work in Russia as well.
Russian sanctions evasion with the means of digital assets has become the main concern for many policymakers recently. US Democratic Senator Elizabeth Warren warned a Senate committee hearing that the Russian elite could evade economic sanctions by converting their wealth to cryptocurrency. Treasury Secretary Janet Yellen questions whether the Russian
