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Weekly Roundup: White House Makes Deal to Lift ZTE Sanctions, UK AML Bill Crosses Finish Line, and More

U.S. Commerce Secretary Wilbur Ross told CNBC in an interview that sanctions against Chinese telecom ZTE will be lifted if the company agrees to hire compliance officers chosen by the White House, Politico reported. More The tentative deal triggered withering criticism from Republican and Democratic lawmakers alike, The New York Times reported. More The U.K. Sanctions and Anti-Money Laundering Act 2018, comprehensive legislation designed to update the British sanctions regime and require due diligence on foreign firms that buy property in the United Kingdom, received final approval Wednesday. More Around $1.2 billion-worth of cryptocurrencies have been stolen since January 2017,...

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