sanctions

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. With the U.S. trade embargo prohibiting Cubans from obtaining credit or debit cards for...

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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. The country has reportedly...

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Crypto Touted As Cuba’s US Embargo Lifeline
Crypto Touted As Cuba’s US Embargo Lifeline
July 08, 2019  |  Cryptocurrency

Tech guru John McAfee claims he can help Cuba by launching a cryptocurrency that overcomes a U.S. trade embargo. In an interview, McAfee also revealed...

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Huawei, Spurned By US, Says It Can Meet German 5G Standards
Huawei, Spurned By US, Says It Can Meet German 5G Standards
June 24, 2019  |  International

Chinese tech company Huawei said it has “no doubt” it’s going to meet Germany’s security requirements  for upcoming 5G networks in the company, Reuters reported....

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North Korea Dodges Sanctions With Crypto Heists And Cybercrime
North Korea Dodges Sanctions With Crypto Heists And Cybercrime
June 18, 2019  |  Security & Fraud

Kim Jong Un’s regime in North Korea is thought to be relying more and more on cybercrime to gain access to foreign currency, according to...

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Iran Ridesharing Co Snapp Completes 2M Rides A Day
Iran Ridesharing Co Snapp Completes 2M Rides A Day
April 02, 2019  |  Ridesharing

Snapp, the Uber of Iran, has hit a milestone by hitting two million fares a day in the country, according to a report by Bloomberg....

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US Mulls Banning Visa, Mastercard From Processing In Venezuela
US Mulls Banning Visa, Mastercard From Processing In Venezuela
March 15, 2019  |  Latin America

The U.S. might prohibit Visa, Mastercard and other financial institutions (FIs), such as SWIFT, from processing transactions in Venezuela. Citing a senior Trump administration official, Reuters...

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UN Reveals How North Korea Uses Banks For Illegal Deals
UN Reveals How North Korea Uses Banks For Illegal Deals
March 13, 2019  |  Security & Fraud

A new report by the United Nations has revealed that global banks are being used to enable payments in illegal deals by North Korea. “Global...

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