News

Weekly Roundup: EU Mulls Secondary Sanctions, Binance Turns Gaze Towards Britain, and More

EU officials are for the first time considering using extraterritorial sanctions against individuals, companies and even nations—including China—suspected of helping Russia evade Western trade and financial embargoes, Euronews reported. More Binance's chief strategy officer said that an ongoing regulatory crackdown on the cryptocurrency sector has made doing business in the U.S. difficult, and disclosed that the global exchange now plans to obtain a license in Britain, the Financial Times reported. More Mikhail Nadel, a banker once accused of looting Kyrgyzstan's largest lender, borrowed €5.3 million two years ago from an entity linked to a Russian businessman with ties to organized...

TO READ THE FULL STORY