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Story BBC Business Daily November 27, 2019

Hannah Lucinda Smith Interviewed About Cryptocurrency Reporting on BBC Business Daily

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Illustration by Sashkin / Shutterstock. 2019.
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This is the story of a virtual gold-rush in places that don't exist—a journey into the scramble for...

Statue of Vladimir Lenin in Tiraspol, Transnistria. Image by Shutterstock. Moldova, 2017.
Statue of Vladimir Lenin in Tiraspol, Transnistria. Image by Shutterstock. Moldova, 2017.

Hannah Lucinda Smith was interviewed on BBC Business Daily on November 25, 2019, about the burgeoning crypotcurrency industry in former Soviet territories. Lucinda Smith spoke about how the cryptocurrency boom in Russia and tightening of U.S. sanctions are not merely coincidental. "It's absolutely no coincidence that this is happening now," says Lucinda Smith. 

As U.S. sanctions designed to punish or encourage economic behavior change become stricter on countries such as Iran, Venezuela, Turkey and Cuba, "the more these countries are gonna start searching for ways to get around those sanctions," says Lucinda Smith. "There's no sign that they're changing their behavior as a result of this. All they're doing is looking for ways to avoid it and to get around it."

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