sanctions

Editor’s Note: This story has been updated to include a comment from a Binance spokesperson. Iran’s leading cryptocurrency exchange, Nobitex, has reportedly processed trades worth millions on Tron (CRYPTO: TRX) and BNB Chain (CRYPTO: BNB) since the beginning of the war, according to a...

In a move to circumvent Western financial sanctions, Iran is reportedly offering to sell advanced weapons systems to foreign governments in exchange for cryptocurrency. Iran To Sell Missiles For Bitcoin? Iran’s Ministry of Defence Export Center, or Mindex, is open to...

China’s tech stocks are grappling with potential challenges that could have a more significant impact than President Donald Trump‘s tariffs. What Happened:  The Hang Seng Tech Index, which has lost over $350 billion in market value since March, is now under the shadow of geopolitical...

The Trump administration is exploring a strategy to halt and examine Iranian oil tankers at sea as part of an international agreement aimed at curbing the spread of weapons of mass destruction. What Happened: According to Reuters, Trump officials are considering enabling allied nations to stop and...

The U.S. semiconductor sector is going through nail-biting times as further potential sanctions on the export of artificial intelligence chips to China loom. What Happened: Nvidia (NASDAQ:NVDA) was recently left with a bitter taste after its big tech customers deferred billions of dollars in orders...

Goldman Sachs is warning of potential upside risks to oil prices following U.S. sanctions on Russia's energy sector, with Brent crude already approaching $80 per barrel and the possibility of hitting $90 under certain scenarios. In a note shared Monday, Goldman Sachs commodity analyst Daav Struyven...

Skydio, a prominent U.S. drone manufacturer, is confronting a supply chain crisis due to recent sanctions imposed by China. These sanctions, effective since Oct. 11, have halted Chinese companies from providing essential components, such as batteries, to Skydio. What Happened: The sanctions are a...

A Russian court has ordered Alphabet Inc.‘s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google to pay a massive fine of $20 decillion for restricting content from Russian media outlets. The fine, which is expected to increase, is a result of a long-standing legal dispute. What Happened: The fine was imposed...

The U.S. Treasury Department announced Friday a fresh wave of sanctions targeting Iran’s petroleum and petrochemical sectors, following Iran's second direct attack on Israel this year. This latest response aims to cut off a critical source of revenue for the Iranian government, a move...

Russia has barred 92 American citizens from entering the country, including journalists from major U.S. publications like The Wall Street Journal, The New York Times, and The Washington Post. What Happened: The Russian Foreign Ministry stated that the ban is a response to the “Russophobic...

The Moscow Exchange (MOEX), Russia’s largest financial market, suspended trading in U.S. dollars and euros on Wednesday after Washington announced sanctions intended to stop the flow of money and goods to support Russia’s war in Ukraine. “Due to the introduction of restrictive...

In a bid to counter Russia’s efforts to bypass Western sanctions, the U.S. government is set to broaden its sanctions on the sale of semiconductor chips and other goods to Russia. The new sanctions will also target third-party sellers in China. What Happened: The Biden administration is...

A former employee of Amazon.com Inc. (NASDAQ:AMZN) has accused the company of violating UK sanctions by selling its facial recognition technology to Russia. The ex-employee, Charles Forrest, has alleged that Amazon continued to supply the technology to Russia even after the country’s invasion...

The U.S. government has formally accused Russia of using chemical weapons in Ukraine, violating international bans, and announced additional sanctions on Russian entities. What Happened: The U.S. State Department released a statement accusing Russia of breaching the Chemical Weapons Convention (CWC...

The U.S. Department of the Treasury, through its Office of Foreign Assets Control (OFAC), announced Thursday new sanctions against Iran following the unprecedented April 13 attack on Israel. The sanctions target a network of 16 individuals and two organizations involved in developing Iran’s...