Rosalia
Tue Jul 16 2024
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5 answers
1256
Can cryptocurrency help Iran evade sanctions?
Could you elaborate on the potential for cryptocurrency to assist Iran in evading international sanctions? Given the decentralized and anonymous nature of many cryptocurrencies, does this provide Iran with a viable means to circumvent restrictions on its financial transactions? Are there any specific instances where cryptocurrencies have been used to facilitate trade or financial transactions in defiance of sanctions? Furthermore, what are the legal and ethical implications of using cryptocurrencies in this manner? Lastly, what measures could be taken by governments and international organizations to combat the potential misuse of cryptocurrencies for sanctions evasion?
