Chinese banks have implemented additional compliance measures for payments from the United Arab Emirates (UAE), India, and Hong Kong, which have traditionally served as trade
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Russia’s Foreign Trade Defies Western Sanctions, Official Claims
Russia’s foreign trade is defying Western sanctions, with rising imports, resilient transaction systems, and projected economic growth outpacing stagnating Western economies. Western Sanctions Meet Resistance
Read moreCoin Center lawyers argue Tornado Cash is not property
The Coin Center lawsuit, first filed in 2022, noted that one plaintiff used Tornado Cash to protect his identity while donating money.
Read moreUS lawmakers demand Treasury answer what it's doing about Tornado Cash
The Democrat members of Congress want answers from the Treasury on why Tornado Cash is still operating after being sanctioned.
Read moreBIS distances from Project mBridge amid BRICS sanctions concerns
Economic sanctions have a profound effect on international financial architecture, it turns out.
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BIS Considers Ending Mbridge Project Over BRICS Connections, but Is It Too Late?
While conversations about ending the CBDC-enabled international settlements project have focused on its links to BRICS, Mbridge has already reached the MVP stage, and members
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