Study Exposes How Russia, Iran, & China Are Weaponizing Crypto

It’s no secret that foes of the United States – including Venezuela, Iran, Russia, and China – are experimenting with cryptocurrency technology as they seek to render their economies immune to crippling US sanctions. However, a new study from the Foundation for Defense of Democracies (FDD) exposes the lengths to which these rogue nations are […] The post Study Exposes How Russia, Iran, & China Are Weaponizing Crypto appeared first on CCN Markets

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Russia’s Pension Fund Eyes Blockchain to Prevent Labor Abuse

Russia’s FIU pension fund will use blockchain technology to integrate all of its information into a distributed registry and will prepare proposals to integrate all systems into a single platform, according to Izvestia. The fund believes it will cut costs for servicing and storing significant amounts of data. The technology will also provide more transparency The post Russia’s Pension Fund Eyes Blockchain to Prevent Labor Abuse appeared first on CCN

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Venezuela Isn’t Paying Debts in State Crypto Petro: Russian Official

A senior Russian official has confirmed that Venezuela’s debt to Russia, a total of $3.15 billion owed to the Kremlin over a 10-year period, will not be repaid in any part with Venezuelan state cryptocurrency petro. Konstantin Vyshkovsky, chief of the Russian finance ministry’s state debt department, told reporters on Tuesday that Venezuela has not The post Venezuela Isn’t Paying Debts in State Crypto Petro: Russian Official appeared first on CCN

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