sanctions

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...

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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). Get...

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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...

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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)...

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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,...

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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...

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Cubans Using Crypto To Get Around US Sanctions
Cubans Using Crypto To Get Around US Sanctions
September 15, 2019  |  Cryptocurrency

Cubans are turning to digital currencies to get around U.S. sanctions. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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Chinese Banks Held In Contempt By US
Chinese Banks Held In Contempt By US
July 30, 2019  |  Legal

An appeals court in the U.S. has upheld the decision by a lower court to hold three Chinese banks in contempt for not turning over...

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Venezuela Considers Russian Payments System As SWIFT Alternative
Venezuela Considers Russian Payments System As SWIFT Alternative
July 17, 2019  |  International

Sources have revealed that Venezuela might use a Russian-operated international payments messaging system in an effort to get around U.S. sanctions. Get the Full Story...

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