sanctions

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. Get the Full Story Complete the...

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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. Get the Full Story Complete the form...

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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. Get...

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Russian Bank Throttles Visa, Mastercard Post Sanctions
Russian Bank Throttles Visa, Mastercard Post Sanctions
December 20, 2018  |  International

Promsvyazbank, the Russian state bank that was hit by sanctions by the U.S., has lowered its security deposits that go to Visa and Mastercard, reported...

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SWIFT Kicks Iranian Banks Off Messaging System Due To Sanctions
SWIFT Kicks Iranian Banks Off Messaging System Due To Sanctions
November 06, 2018  |  International

SWIFT, the messaging system that connects over 11,000 financial institutions as they transfer money around the globe, has ended its relationship with Iranian banks, succumbing...

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SWIFT Exit For Iran As Sanctions Loom?
SWIFT Exit For Iran As Sanctions Loom?
October 18, 2018  |  B2B Payments

SWIFT controversy over the messaging system’s place on the world stage continues, and U.S. sanctions toward Iran loom. Elsewhere, digital payments are on the rise, and...

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