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Midweek Roundup: Turkish Banks Join Russian Payment System, OFAC Targets Cryptocurrency Mixer, and More

Five Turkish lenders adopted Russia's Mir system, a move that will allow Russian visitors to use their payment cards in Turkey and possibly enable sanctions-prohibited trade between the two countries, the Financial Times reported. More The U.S. Treasury Department's Office of Foreign Assets Control blacklisted Tornado Cash, a mixing service that obscures parties involved in cryptocurrency transactions from identification, ACAMS moneylaundering.com reported. More Not a single Russian national blacklisted by the EU over Moscow's war against Ukraine has declared their assets to German authorities as required by sanctions-related legislation adopted in May, Reuters reported. More Belgium's diamond industry has been...

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