Foreign Sanctions
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US Court Reverses OFAC’s Sanctions Against Crypto Mixer Tornado Cash
On January 21, the US District Court for the Western District of Texas reversed OFAC’s sanctions against Tornado Cash. The US Treasury’s Office of Foreign Assets Control (OFAC) levied sanctions against the platform in 2022 for allegedly becoming a solution for money launderers to move illegal funds around.
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Russia is Using Bitcoin in Foreign Trade, Finance Minister Says
This year, Russia permitted the use of cryptocurrencies in foreign trade and has taken steps to make it legal to mine cryptocurrencies, including bitcoin. Russia is one of the global leaders in bitcoin mining.
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Opinion | What Sanctions? How US' Favourite Foreign Policy Tool Is Backfiring
For the US, the question is not just whether sanctions are effective, but if they are backfiring. Sanctions might weaken economies, but they help autocratic regimes exploit public sentiment in order to stay in power.
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Trump Campaign Hacked: How Iran, China, Russia Are Targeting US Elections
Federal prosecutors in the United States have today filed criminal charges in the case. The hackers had allegedly targeted members of former president Donald Trump's campaign.
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Iran Says It Didn't Deliver Missiles To Russia After Western Sanctions
Iran's foreign minister said on Wednesday that Tehran had not delivered any ballistic missiles to Russia and sanctions imposed on Iran by the United States and three European powers would not solve any problems between them.
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Chinese AI Developers Outsmart US Chip Restrictions With Overseas Computing: Report
Chinese artificial intelligence developers are evading strict US export controls on advanced chips by utilizing foreign computing resources, particularly Nvidia's A100 and H100 chips, according to The Wall Street Journal.
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Trump Adviser Urges Sanctions On UN Court Officials Over Netanyahu Warrant
The US should slap sanctions on International Criminal Court officials who seek an arrest warrant for Prime Minister Benjamin Netanyahu, a top foreign policy adviser to Donald Trump said after meeting the Israeli leader.
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"Unfriendly": Russia After Sanctions By South Korea
Russia considers South Korea's decision to impose sanctions against Russian individuals and entities as an "unfriendly" move and will respond in due course, Russian Foreign Ministry spokeswoman Maria Zakharova said on Wednesday.
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UK Sanctions 6 Officials At Russian Prison Where Alexei Navalny Died
UK Foreign minister David Cameron said Wednesday that London had imposed sanctions on six officials at the head of the Siberian penal colony where Russian opposition figure Alexei Navalny died.
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Ukraine's Forensics Experts Trace Foreign Origins Of Russian Arms
At a research facility in Kyiv, forensic experts pore over the wreckage of missiles, working to confirm that despite unprecedented sanctions, Russia is still using imported components to attack Ukraine.
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Chinese Sanctions Against 5 US Manufacturers Over Arms Sales To Taiwan
China will sanction five U.S. military manufacturers in response to the latest round of U.S. arms sales to Taiwan, a foreign ministry spokesperson said on Sunday.
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US, UK Impose New Round Of Sanctions On Hamas Following Israel Attack
The United States and Britain imposed a fresh round of sanctions on Tuesday targeting Hamas as they seek to cut off funding for the terrorist Palestinian group following its deadly attack on Israel last month.
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South Korea Imposes Sanctions Over North Korea's Arms Trade With Russia
South Korea imposed fresh sanctions on 10 individuals and two entities in relation to North Korea's nuclear program and weapons trade with three countries, including Russia, the foreign ministry said on Thursday.
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"A Lack Of Will On...": Ukraine Urges Allies For Action Against Russia
Since Moscow's invasion in February 2022, Western sanctions have led to the freezing of some 300 billion euros of Central Bank of Russia foreign exchange reserves around the world.
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Barack Obama Among 500 Americans Banned From Russia In Retaliation For US Sanctions
Russia's foreign ministry on Friday said former President Barack Obama was among 500 US citizens who would be banned in response to the latest round of sanctions announced by Washington.
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US Court Reverses OFAC’s Sanctions Against Crypto Mixer Tornado Cash
On January 21, the US District Court for the Western District of Texas reversed OFAC’s sanctions against Tornado Cash. The US Treasury’s Office of Foreign Assets Control (OFAC) levied sanctions against the platform in 2022 for allegedly becoming a solution for money launderers to move illegal funds around.
-
Russia is Using Bitcoin in Foreign Trade, Finance Minister Says
This year, Russia permitted the use of cryptocurrencies in foreign trade and has taken steps to make it legal to mine cryptocurrencies, including bitcoin. Russia is one of the global leaders in bitcoin mining.
-
Opinion | What Sanctions? How US' Favourite Foreign Policy Tool Is Backfiring
For the US, the question is not just whether sanctions are effective, but if they are backfiring. Sanctions might weaken economies, but they help autocratic regimes exploit public sentiment in order to stay in power.
-
Trump Campaign Hacked: How Iran, China, Russia Are Targeting US Elections
Federal prosecutors in the United States have today filed criminal charges in the case. The hackers had allegedly targeted members of former president Donald Trump's campaign.
-
Iran Says It Didn't Deliver Missiles To Russia After Western Sanctions
Iran's foreign minister said on Wednesday that Tehran had not delivered any ballistic missiles to Russia and sanctions imposed on Iran by the United States and three European powers would not solve any problems between them.
-
Chinese AI Developers Outsmart US Chip Restrictions With Overseas Computing: Report
Chinese artificial intelligence developers are evading strict US export controls on advanced chips by utilizing foreign computing resources, particularly Nvidia's A100 and H100 chips, according to The Wall Street Journal.
-
Trump Adviser Urges Sanctions On UN Court Officials Over Netanyahu Warrant
The US should slap sanctions on International Criminal Court officials who seek an arrest warrant for Prime Minister Benjamin Netanyahu, a top foreign policy adviser to Donald Trump said after meeting the Israeli leader.
-
"Unfriendly": Russia After Sanctions By South Korea
Russia considers South Korea's decision to impose sanctions against Russian individuals and entities as an "unfriendly" move and will respond in due course, Russian Foreign Ministry spokeswoman Maria Zakharova said on Wednesday.
-
UK Sanctions 6 Officials At Russian Prison Where Alexei Navalny Died
UK Foreign minister David Cameron said Wednesday that London had imposed sanctions on six officials at the head of the Siberian penal colony where Russian opposition figure Alexei Navalny died.
-
Ukraine's Forensics Experts Trace Foreign Origins Of Russian Arms
At a research facility in Kyiv, forensic experts pore over the wreckage of missiles, working to confirm that despite unprecedented sanctions, Russia is still using imported components to attack Ukraine.
-
Chinese Sanctions Against 5 US Manufacturers Over Arms Sales To Taiwan
China will sanction five U.S. military manufacturers in response to the latest round of U.S. arms sales to Taiwan, a foreign ministry spokesperson said on Sunday.
-
US, UK Impose New Round Of Sanctions On Hamas Following Israel Attack
The United States and Britain imposed a fresh round of sanctions on Tuesday targeting Hamas as they seek to cut off funding for the terrorist Palestinian group following its deadly attack on Israel last month.
-
South Korea Imposes Sanctions Over North Korea's Arms Trade With Russia
South Korea imposed fresh sanctions on 10 individuals and two entities in relation to North Korea's nuclear program and weapons trade with three countries, including Russia, the foreign ministry said on Thursday.
-
"A Lack Of Will On...": Ukraine Urges Allies For Action Against Russia
Since Moscow's invasion in February 2022, Western sanctions have led to the freezing of some 300 billion euros of Central Bank of Russia foreign exchange reserves around the world.
-
Barack Obama Among 500 Americans Banned From Russia In Retaliation For US Sanctions
Russia's foreign ministry on Friday said former President Barack Obama was among 500 US citizens who would be banned in response to the latest round of sanctions announced by Washington.
