Sentences with phrase «economic sanctions levied»

Late last year, it was reported that the Iranian government was interested in utilizing Bitcoin and other cryptocurrencies as a way of bypassing economic sanctions levied against the country.

Not exact matches

China's denials, however, set up a familiar stalemate — until the Obama administration last year threatened to levy economic sanctions against Chinese firms that benefited from the hacking of any U.S. entities.

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.