The controversial cryptocurrency was widely seen as a means to
evade economic sanctions imposed by the U.S..
Federal prosecutors asked a judge Wednesday to imprison a Turkish banker for over 15 years for helping Iran
evade economic sanctions, saying he was a key player in undermining efforts to curb Iran's nuclear ambitions.
Not exact matches
Though some analysts still doubt whether the Petro actually exists, the country has marketed the token as a tool to
evade US
economic sanctions, and other countries — including Russia, Turkey, and Iran — have discussed adopting state - backed cryptocurrencies for similar reasons.
According to the Financial Times, Sergei Glazev, an
economic adviser to the president, told a government meeting that the cryptocurrency would serve as a «useful tool» to
evade western
economic sanctions.
Sergei Glazev, an
economic adviser to the president, told a government meeting that the cryptocurrency would serve as a «useful tool» to
evade western
economic sanctions.