Comment by giarc
1 day ago
"flowed from two Binance accounts to Iranian entities with links to terrorist groups, a possible violation of global sanctions."
1 day ago
"flowed from two Binance accounts to Iranian entities with links to terrorist groups, a possible violation of global sanctions."
"Global sanctions" being US sanctions? Which one of those are the ones that apply to entities in Malta, or wherever there HQ "isn't"?
Yeah basically, but weaponised globally through the dollar system. Basically, if you interact with sanctioned entities you get cut off from banks with dollar assets (basically all of them).
This is how the financial system currently works.
So going back to the original question, "Is Iran supposed supposed to be banned on Binance?" still doesn't have a clear answer?
It might be that Binance are OK with being cut off from banks or what not, and since there is no thing like "global sanctions", and Binance doesn't seem related to the US either legally or by the individuals running the company, they probably don't need to have Iran banned?
3 replies →