The Invisible Weapon: Sanctions, Overcompliance, and the Human Cost
A System That Expands on Its Own The fear of Unilateral Coercive Measures (UCMs), or sanctions, is not unfounded. For example: since 2018, the Office of Foreign Assets Control (OFAC) has imposed sanctions against Iran’s use of cryptocurrencies; the decentralized nature of the blockchain no longer offers any immunity. Any exchange or virtual asset service [..
