Iran’s First Ever Bitcoin ATM Unveiled in Tehran

Iran’s First Ever Bitcoin ATM Unveiled in Tehran

On April 24, 2019, the first bitcoin ATM in the Islamic Republic of Iran was revealed at the 12th International Exhibition of Exchange, Bank and Insurance in Tehran. Footage of the event was captured by a film crew working for German news agency Ruptly, a part of Russia Today’s greater media network. Intrigued crowds were seen lining up to see the functionality of this machine, which was emblazoned with the message that the BTM was itself made in Iran, not wheeled into the conference from some overseas source.
Report: North Korea May Exploit Southeast Asia’s Crypto Exchanges

Report: North Korea May Exploit Southeast Asia’s Crypto Exchanges

North Korea could pose a threat to countries across Southeast Asia as it looks to exploit cryptocurrency exchanges due to gaps in regulatory frameworks, according to a new report. The research from the Royal United Services Institute (RUSI) finds that as North Korea continues to circumvent international sanctions, it’s turning its attention to cryptocurrencies such as bitcoin.
The Crypto Community Must Use the Blockchain to Self-Police

The Crypto Community Must Use the Blockchain to Self-Police

Yaya J. Fanusie is the director of analysis at the Foundation for Defense of Democracies’ Center on Sanctions and Illicit Finance. He tweets at @signcurve.
Unbanked Iranian University Students Turn to Bitcoin to Pay Tuition

Unbanked Iranian University Students Turn to Bitcoin to Pay Tuition

Stranded Iranian students in the United Kingdom have turned to Bitcoin as a tool to circumvent the economic sanctions placed on their country, according to a Guardian report. Parsa Sadat, a law student at the University of Reading, is among a bevy of Iranian students who can't pay their tuition fees and are completely stranded at school after Iran was hit with sanctions by U.S. President Donald Trump last month.

A Maritime Crypto Startup Turns Out To Be A Fundraising Platform For The North Korean Government

It was touted as a blockchain-powered maritime investment project, but it has turned out to be yet another ingenious method of raising funds by the North Korean government. Known as Marine Chain, the startup claimed it would tokenize maritime vessels for their owners, but it has done anything but. According to a report by AI-powered cybersecurity firm Recorded Future, several key figures involved in the startup have extensive connections with the North Koran government. The mentioned key figures have also been involved in assisting the Kim Jong-un-led government to circumvent international sanctions using an array of technological means.
Venezuela Launches “Petros” Cryptocurrency Amid Growing Skepticism

Venezuela Launches “Petros” Cryptocurrency Amid Growing Skepticism

With crushing debt and a starving population, the Maduro government in Venezuela is launching what it says is the world's first sovereign cryptocurrency. The cryptocurrency is designed to bypass U.S. government sanctions against the socialist regime.
Venezuela Launches “Petros” Cryptocurrency Amid Growing Skepticism

Venezuela Launches “Petros” Cryptocurrency Amid Growing Skepticism

With crushing debt and a starving population, the Maduro government in Venezuela is launching what it says is the world's first sovereign cryptocurrency. The cryptocurrency is designed to bypass U.S. government sanctions against the socialist regime.