Tag: sanctions

Yemen's DeFi Revolution: Sanctions Fueling a Meme-Worthy Crypto Surge?

Yemen's DeFi Revolution: Sanctions Fueling a Meme-Worthy Crypto Surge?

Remember Doge? Recalibrate your outlook just a little and do you all remember when everyone thought crypto was a temporary bubble, a digital tulip mania? So grab your popcorn and get ready! Yemen is adding another chapter to the ongoing history of crypto. We know, it sounds crazier than a...

Yemen Turns to DeFi: US Sanctions Fuel Crypto Adoption

Yemen Turns to DeFi: US Sanctions Fuel Crypto Adoption

Meanwhile, financial sanctions and conflict are devastating Yemen’s economy. Consequently, average individuals are seeking the safety and flexibility of decentralized finance (DeFi) as a major institution alternative to traditional banking systems. The US administration has reinstated the Houthis’ designation as a Foreign Terrorist Organization (FTO), which has led to increased...

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