Quote from: squatter on July 23, 2019, 08:07:21 PM

Quote from: Red-Apple on July 23, 2019, 11:25:31 AM

Quote from: squatter on July 23, 2019, 10:39:02 AM

I imagine the US government will take this as cause to further clamp down on exchanges and other Bitcoin services. They'll push for stricter regulations and enforcement under the guise of concerns over sanctions.

if they do it they will only use it as an excuse but the real reasons would be different. these sanctions didn't start yesterday, they have been there for years and no Iranian could ever use any of the bitcoin exchanges since none of them ever accepted them anyways!

The sanctions didn't start yesterday, but the Treasury Department has been slowly ramping up its pressure on exchanges ever since 2017. A formal endorsement of mining by Iran suggests there will be increased Iranian capital flow into mining. Between that and the fact that Iranian officials have repeatedly said cryptocurrencies can be used to thwart sanctions, it makes sense that US officials are watching closely. The fact is that P2P markets, DEXs, and non-KYC exchanges could theoretically allow circumvention of sanctions.

the sanctions didn't start in 2017 either they started back in 1979 just as the revolution occurred in Iran and have been only increasing ever since. my point was that if US decided to do anything to exchanges in the name of Iran and sanctions,... they would be lying their asses off since Iranians never used any of these exchanges they have access to put pressure on in first place.
any other method they were using (DEX, P2P, certain exchanges,...) have been and will remain out of their jurisdiction and reach.