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14.01.26 - 02:48
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US court challenge to ′forced sale′ of Venezuela oil company (Times of India)
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Representatives of Venezuela's state oil company PDVSA said Tuesday they had appealed the US-forced sale of its prized Houston-based subsidiary Citgo to pay off creditors. Citgo is in the crosshairs of creditors seeking the settlement of debts in excess of $20 billion that cash-strapped Caracas has been unable or unwilling to pay....
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14.01.26 - 02:45
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Tether′s Role In Venezuela, Iran Highlights The Duality Of Stablecoins (ZeroHedge)
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Tether's Role In Venezuela, Iran Highlights The Duality Of Stablecoins
Authored by Brian Quarmby via CoinTelegraph.com,
Recent turmoil in Venezuela and Iran has again put the spotlight on the duality of stablecoins, with the US dollar-backed assets such as Tether acting as both a savior for embattled citizens and a tool for blacklisted entities to evade sanctions.
Both Venezuela and Iran have been catching headlines at the beginning of 2026 amid political uncertainty and civil unrest. With both facing a host of sanctions, inflation, political instability, and a cost-of-living crisis, crypto and stablecoins have become an important part of the ecosystem.
Iran's stablecoin entanglement
Iran has seen protests erupt across the country over the past two weeks in response to worsening economic conditions and the Iranian rial tanking to record lows against the US dollar.
The situation has escalated from local demonstrations to widespread protests across Iran, with thousands arrested and hu...
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13.01.26 - 23:06
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SEC Chair: "Remains To Be Seen" Whether US Will Seize Venezuela′s Reported Bitcoin (ZeroHedge)
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SEC Chair: "Remains To Be Seen" Whether US Will Seize Venezuela's Reported Bitcoin
Authored by Turner Wright via CoinTelegraph.com,
Paul Atkins, chair of the US Securities and Exchange Commission (SEC), said it “remains to be seen” what actions the US government might take regarding Venezuela's reported Bitcoin holdings, while stressing that such decisions would fall outside his remit.
In a Monday interview with Fox Business' Stuart Varney, Atkins responded to reports claiming that Venezuela holds up to $60 billion worth of Bitcoin, though several analysts said they were unable to verify these claims. The SEC chair said it “remains to be seen” what action, if any, the US would take if it had the opportunity to seize the reported 600,000 BTC.
“I leave that to others in the administration to deal with — I'm not involved in that,” said Atkins in response to a question on whether the US would “take those Bitcoin off 'em.”
Reports of Venezuela's Bitcoin holdi...
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