Sentences with phrase «circumvent economic sanctions»

An advisor to Russian president Vladimir Putin has formally suggested the idea of using cryptocurrency to circumvent economic sanctions.

For one thing, Venezuelan President Nicolas Maduro blatantly advertises this new crypto token as a tool to circumvent economic sanctions, levied due to his government's massive corruption and human rights abuses.

He recently announced plans for the country to develop its very own cryptocurrency — dubbed the «petro» — to circumvent the economic sanctions placed on the country by the United States.

Not exact matches

In fact, Russia plans to launch its own cryptocurrency called the CryptoRuble, in part to circumvent U.S. economic sanctions.