Search results for: Yemen

DeFi usage in Yemen has surged 63% as U.S. sanctions hit the country’s banking system, particularly targeting the Houthi-backed International Bank of Yemen. ...

Today, the United States is sanctioning the International Bank of Yemen Y.S.C (IBY) for its financial support to the Houthis, as well as key leaders or officials of IBY:  Kamal Hussain Al Jebry, ...

Crypto adoption in Yemen is rising rapidly amid U.S. sanctions and financial restrictions, with over 63% of web traffic directed to DeFi platforms. ...

Yemen’s crypto web traffic storms many DeFi crypto platforms amidst the strict sanctions from the United States ...

• U.S. sanctions targeting the Houthi group and Yemen's fragile banking system push residents toward decentralized alternatives. • DeFi tools help users manage remittances and cross-border paym ...

Yemeni citizens are increasingly using decentralized finance (DeFi) protocols to bank themselves amid US sanctions aimed at the Houthi group, which they have deemed a terrorist organization. In the p ...

The local population in Yemen is increasingly turning to decentralized finance as conflict and US sanctions against the Houthi group impact access to traditional finance. ...