sanctions

US Accuses Turkey’s Halkbank Of Plot To Evade Iran Sanctions

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 & Regulation

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. 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 & Regulation

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  |  Cross-border Payments

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  |  Cross-border Payments

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  |  Cybersecurity

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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