Midweek Roundup: Visa and MasterCard End Crimean Service, China Reaches Out to FinCEN, and More

Visa and MasterCard have suspended operations in Crimea in response to recently adopted U.S. sanctions that prohibit American companies from providing services in the territory, Reuters reported Friday. More China is seeking a formal agreement with the U.S. Treasury Department's Financial Crimes Enforcement Network (FinCEN) to locate and repatriate looted assets moved to the United States by corrupt Chinese officials, China Daily reported Monday. A FinCEN spokesperson neither confirmed nor denied to Reuters that negotiations are currently underway. More The U.S. Senate will vote on new Iran sanctions legislation in January, The New York Times reported, citing comments delivered Saturday...