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Cryptocurrencies may reduce US sanctions effectiveness, says US government report

Cryptocurrencies may reduce US sanctions effectiveness, says US government report



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7 Comments

  1. The privately owned Fed is part of the military industrial complex. The USA spends more tax value on war machines and financial weapons than it spends on its own people and social safety nets. Let’s all marinate on that for 20-30 seconds.

  2. tldr; The US Treasury Department has warned that digital assets such as cryptocurrencies pose a risk to the US sanctions program. “Technological innovations such as digital currencies, alternative payment platforms, and new ways of hiding cross-border transactions all potentially reduce the efficacy of American sanctions,” it said. So far, the US has imposed more than 9,000 sanctions against countries like North Korea and Iran.

    *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

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