by Jyotsna Bucktowar | Apr 24, 2024
The stablecoin issuer has stated it will freeze wallets that use USDT to evade oil sanctions against Venezuela. PDVSA, the state-owned oil company has reportedly increased its use of the stablecoin after sanctions were reimposed by the U.S.
by Jyotsna Bucktowar | Apr 23, 2024
A Bloomberg report revealed that the EU is mulling sanctions against companies that continue to provide Russia with weapons technology, including navigation systems for missiles. The EU is set to announce their 14th package of sanctions against Russia later this year....
by Jyotsna Bucktowar | Apr 22, 2024
The sanctions are designed to curtail the exports of EU-made components used in the production of unmanned aerial vehicles (UAVs), or drones, and ballistic missiles. The bloc had previously set up a dedicated regime to target Iranian-made drones, which the country has...
by Jyotsna Bucktowar | Apr 11, 2024
The EU banned imports of wood from Russia and Belarus in March 2022, shortly after Moscow invaded Ukraine. Until then, only Belarus exported timber worth around one billion euros annually. But since the ban came into effect, the EU suddenly saw an influx of wood...
by Jyotsna Bucktowar | Apr 8, 2024
OFAC sanctioned thirteen entities and two individuals for operating in the financial services and technology sectors of the Russian Federation economy including persons developing or offering services in virtual assets that enable the evasion of U.S. sanctions. Five...
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