Cryptocurrency

[Michigan Swamp Buck]

I should look at the data and see if there are connections. Buying makes value go up, so this may be a good angle to pursue.

Cryptocurrency platforms facilitated Iran's evasion of sanctions, US suspects. US authorities are examining whether crypto platforms helped Iranian officials evade sanctions, as digital currency use in Iran surged to billions of dollars last year.

. . . The US Treasury is now looking at whether crypto platforms have enabled state-linked players to evade sanctions when seeking to move money abroad, access hard currency, or procure goods, said Ari Redbord, global head of policy at US-based blockchain analysis company TRM Labs, who said he had direct knowledge of the Treasury's concerns.

A Treasury spokesperson referred Reuters to a September statement announcing measures the department was taking against "shadow banking" networks supporting Iran, including those it said used crypto to skirt sanctions.

Redbord did not identify any cryptocurrency platforms being probed or where they were based.

https://www.jpost.com/middle-east/iran-n...cle-885486