Decentralized finance gains ground in Yemen amid US sanctions

2025-4-18 11:33

Locals in Yemen have turned to decentralized finance as a way to navigate sanctions imposed by the United States that have cut off access to traditional banking services. According to blockchain intelligence firm TRM Labs, some Yemenis are increasingly using… origin »

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DeFi Platforms And Bitcoin ATMs Face Major KYC Hurdles With New US Bill

A new bill introduced into the US Senate proposes to tighten Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations for decentralized finance (DeFi) services.  The Crypto-Asset National Security Enhancement and Enforcement (CANSEE) Act aims to prevent money laundering, stop crypto-facilitated crime and sanctions violations, and ensure that DeFi services meet the same AML and […]

2023-7-20 00:00


Bitcoin’s decentralized nature will render military superiority, economic sanctions irrelevant

A lot has been debated about whether Bitcoin would eventually disrupt traditional systems, or whether the latter would just embrace the technology. The decentralized ledger technology has undoubtedly garnered the attention of skeptics, as industry giants are looking forward to revolutionizing the existing system by leveraging the underlying tech or jumping into the cryptocurrency ecosystem […] The post Bitcoin’s decentralized nature will render military superiority, economic sanctions irrelevant appeared first on AMBCrypto.

2019-7-2 01:30