sanctions

War in Ukraine Poses First Big Test for Bitcoin as a Haven in Times of Crisis
War in Ukraine Poses First Big Test for Bitcoin as a Haven in Times of...
February 25, 2022  |  Bitcoin

It’s hard to argue that the case for bitcoin as a store of value that, like gold, provides a hedge against inflation has been badly...

READ MORE >
Ukraine Revokes Licenses of Russian Banks Sberbank, VEB
Ukraine Revokes Licenses of Russian Banks Sberbank, VEB
February 25, 2022  |  International

Aside from dealing with banking sanctions from United States, European Union and British leaders, Russia’s financial services were further handicapped when the National Bank of...

READ MORE >
Sanctions on Russia May Be Streamlined, Sped up by the Digital Age
Sanctions on Russia May Be Streamlined, Sped up by the Digital Age
February 24, 2022  |  International

Russia’s attack on Ukraine is now unfolding. More than 5,500 miles away, the United States is ratcheting up sanctions aimed at punishing Russia for its...

READ MORE >
Russia May Turn to Crypto to Go Around US Sanctions
Russia May Turn to Crypto to Go Around US Sanctions
February 23, 2022  |  Cryptocurrency

The Biden administration is putting new sanctions on Russia over the current Ukraine conflict, trying to cut off foreign capital, The New York Times wrote...

READ MORE >
US, Europe Levy Russia Sanctions, But All-out SWIFT Ban Not Likely Yet
US, Europe Levy Russia Sanctions, But All-out SWIFT Ban Not Likely Yet
February 22, 2022  |  International

In times of war — or of armed conflicts that are wars in all but name — payments can be weaponized (after a fashion). Or,...

READ MORE >
MoneyGram Settles With OFAC Over ‘Apparent Violations’ Of Sanctions
MoneyGram Settles With OFAC Over ‘Apparent Violations’ Of Sanctions
April 29, 2021  |  International

The U.S. Department of the Treasury announced that MoneyGram Payment Systems, Inc. agreed to remit $34,328.78 to settle “potential civil liability” for 359 apparent contraventions of...

READ MORE >
Sudan Banks And Visa Partner To Bring Payment Systems To Country
Sudan Banks And Visa Partner To Bring Payment Systems To Country
March 03, 2020  |  VISA

Things are changing in Sudan as its banks partner with Visa to introduce payments systems after decades of being shunned by legitimate financial institutions (FIs)...

READ MORE >
Russian Central Bank Developing Business Debt-Risk Prevention Strategy
Russian Central Bank Developing Business Debt-Risk Prevention Strategy
December 30, 2019  |  B2B Payments

The Russian central bank is in the process of introducing debt guidelines to help companies stave off widespread risk as early as possible, Elizaveta Danilova,...

READ MORE >
US Accuses Turkey’s Halkbank Of Plot To Evade Iran Sanctions
US Accuses Turkey’s Halkbank Of Plot To Evade Iran Sanctions
October 16, 2019  |  Legal

The U.S. has accused Halkbank, one of Turkey’s largest banks, of participating in a scheme to evade sanctions against Iran. In an indictment filed on...

READ MORE >