U.S. Congressional Research Service Discloses Report on Federal Disclosure Document's (FDD) "Crime of Cryptocurrency."

A conservative think tank based in Washington, D.C. pointed out that the four countries (Russia, Iran, Venezuela and China) that are hostile to the U.S. are trying to use virtual currency and blockchain technology as a means to circumvent U.S. economic sanctions.

Based on a report released on July 11th, the final purpose of the four "credible villains" warned that the U.S.-led global financial system should be taken seriously by attempting to control the global economic system from outside the country against the current U.S.-led global financial system.

The FDD is a leading conservative research institute that provided research, analysis and guidance advice to the Bush and Obama administrations, and to the current Trump administration and the Congress.

The latest report, released this time, was titled "The Crucible: An American adversary who tries to resist sanctions with blockchain." They point out that international commerce, which had been difficult outside the scope of the global financial system based on dollars so far, could be transformed by the introduction of blockchain technology.

In other words, the U.S. should pay attention to the fact that the above four countries are already carrying out blockchain-based development on a national scale as a tool to increase sanction resistance to counter the U.S. financial coercion.

Reporter Jenny Lee (news@dailycoinews.com)의 기사 더 보기

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