Hit by Sanctions, Iranian Students in the UK Use Bitcoin to Bypass Banks
Hit by Sanctions, Iranian Students in the UK Use Bitcoin to Bypass Banks
Before cryptocurrencies started to be widely used for speculation, they were first of all meant to be an unstoppable method for people to control their own money. A new example that this is still a needed use case comes from the U.K., where Iranian students have to bypass the banking system which they can no longer access due to sanctions.
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