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| January 22, 2018

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NFL’s Landon Collins to Racist Alabama Sorority Girl: I Can Help You

January 18, 2018 |

NY Giants safety Landon Collins wants to help the Alabama sorority girl at the center of a racist video scandal, telling TMZ Sports … he’d even take her to dinner to educate her. The woman Collins is talking about is Harley Barber — who posted 2…

TMZ.com

TMZ

NFL Analyst Says CFL Won’t Help Johnny Manziel Make It Back

January 12, 2018 |

Johnny Manziel could ball hard up in Canada, but don’t count on him making an NFL comeback — so says “FOX NFL Sunday” host Curt Menefee.  You’ve probably heard … Johnny Football’s in serious talks with the CFL’s Hamilton Tiger-Cats, but…

TMZ.com

TMZ

Ex-RNC Chair Michael Steele Down to Help Oprah Run for Prez

January 10, 2018 |

Former RNC Chairman Michael Steele’s so fed up with President Trump, it sounds like he’s ready to switch parties — or maybe he just loves Oprah Winfrey running for Prez that much. Steele was on Capitol Hill Wednesday when we…

TMZ.com

Boardriders’ acquisition of Billabong could help company expand its global focus

January 6, 2018 |

The splashy neon logos and beachy vibe of brands Billabong and Quiksilver ruled the U.S. fashion scene in the 1990s and early 2000s, when teens across the country wanted to channel surfer culture.

In time, the boom subsided, and American teens moved on to the next big trend. Now with the acquisition…


L.A. Times – Business

Cops, Relatives Plead for Help After Horrific NY Murders

December 29, 2017 |

Police and family members are pleading for help finding the suspect or suspects behind a horrific quadruple murder in upstate New York. The four people found dead in a basement apartment have now been identified as Shanta Myers, 36; her 22-year-old partner Brandi Mells; and Myers’ two children, 11-year-old Jeremiah…
Newser

Cops Plead for Help in Tracking Down $30K Worth of Veal

December 29, 2017 |

Cops in Toronto are pleading with the public to help them solve a hefty Christmas Day heist. The Daily Meal reports on the theft of an “extremely large quantity” of veal, as it’s worded in a police release . The meat (and the 48-foot refrigerated trailer it was being stored in),…
Newser

This Pepsi parenting hack may help during flu season

December 19, 2017 |

A spoonful of deception makes the medicine go down.
FOX News

Putin Aide Says Bitcoin Can Help Russia Bypass Financial Sanctions

December 14, 2017 |

Putin Aide Says Bitcoin Can Help Russia Bypass Financial Sanctions

While the rising transactions fees are making bitcoin less usable for everyday purchases, its strength is drawing in companies and nation states looking to use the cryptocurrency. This is especially true for those locked out of the international financial system, as can be seen by the thinking of a top Putin aide.

Also Read: Israeli PM Netanyahu Says Bitcoin Is Rising as Banks Are Destined to Disappear

Sergei Glazyev, adviser to Russian President Vladimir Putin, thinks bitcoin and other cryptocurrencies can help the country’s banking system to bypass Western sanctions, the Russian Rambler News Service reports. He said that the sanctions regime has created an “objective need” for cryptocurrencies at a meeting of the presidential administration on their legal status, according to Rambler.

He also advocated for creating a national crypto ruble at the meeting, according to Rambler. Glazyev even suggested that Russian government agencies could use cryptocurrencies for transactions around the world related to “sensitive” services, the news agency added.

Putin Aide Says Bitcoin Can Help Russia Bypass Financial Sanctions
Wikileaks’ Julian Assange

Dr. Glazyev is an economist and a member of the National Financial Council of the Bank of Russia. He was the minister of Foreign Economic Relations in Boris Yeltsin’s cabinet in 1992-93.

Glazyev has a personal incentive to see the Russian government find a way to defeat the sanctions as he is personally facing United States and European Union punitive measures for his role in the 2014 annexation of Crimea from Ukraine.

An Axis of Bitcoin

Putin Aide Says Bitcoin Can Help Russia Bypass Financial SanctionsBesides Russia, other entities antagonistic to Washington have used or are looking into using bitcoin to bypass sanctions. These include Iran, Wikileaks and even a Ukrainian shipping firm. In a related matter, North Korea is also suspected of using its army of hackers to steal funds from bitcoin exchanges to cope with its dire financial situation.

The American government is well aware of this issue and is known to be preparing a response. William Browder, a co-founder of a Russia-focused investment fund, will testify about the matter today before the U.S. Commission on Security and Cooperation in Europe (Helsinki Commission). He says that: “These cryptocurrencies are a gift from God to criminals and dictators who want to keep their money safe. He also thinks this calls for ”the urgent attention of the U.S. and other Western governments in relation to Magnitsky sanctions as well as all other sanctions programs.”

Is bitcoin a good way to bypass sanctions? Will the U.S. eventually use this as a pretext to crackdown on bitcoin exchanges and users? Tell us what you think in the comments section below.


Images courtesy of Shutterstock.


Do you like to research and read about Bitcoin technology? Check out Bitcoin.com’s Wiki page for an in-depth look at Bitcoin’s innovative technology and interesting history.

The post Putin Aide Says Bitcoin Can Help Russia Bypass Financial Sanctions appeared first on Bitcoin News.

Bitcoin News

5 digital tricks to help you through the holidays

December 2, 2017 |

December is a month of simple pleasures: evergreens in the living room, gingerbread in the oven, carols on the stereo. What could be better?
FOX News

Painting Stolen by Nazis Goes Home, With US Help

December 1, 2017 |

A 19th century painting that was looted by the Nazis during World War II and recovered by the FBI in Pennsylvania has returned home to Poland, reports the AP . It was publicly unveiled Wednesday by members of both the American and Polish governments in a ceremony that marked one of…
Newser