U.S. Considered Blacklisting Two Chinese Banks Over North Korea Ties

By Christian Berthelsen April 13, 2018 U.S. shelved plan to sanction lenders seen as vital to system Firm allegedly used AgBank, China Construction for laundering U.S. officials alarmed by public displays of Pyongyang’s nuclear and missile technology last summer considered taking the provocative step of blacklisting two of China’s biggest banks from the U.S. financial…

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Millions flow from Gaddafi’s ‘frozen funds’ to unknown beneficiaries

As factions face off in war-torn Libya, money slips through sanctions. By Giulia Paravicini 2/8/18  Updated 2/13/18   Illustration by Tom Jay for POLITICO   ix years after Muammar Gaddafi’s death, his regime’s frozen funds in Brussels are generating tens of millions of euros in interest for ix years after Muammar Gaddafi’s death, his regime’s…

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South Korean intelligence says N. Korean hackers possibly behind Coincheck heist – sources

Reuters Staff SEOUL (Reuters) – South Korea’s intelligence agency told lawmakers North Korean hackers could have been behind the $530 million theft of virtual coins from a Japanese cryptocurrency exchange last month, people familiar with the matter told Reuters on Tuesday. The people, who had knowledge of parliament’s intelligence committee proceedings, told Reuters the National…

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News Analysis – Concerns persist over whether inter-Korean exchanges violate UN sanctions

South Korean government has continued to insist that all events will accord with international law   A 12-member South Korean preliminary review team led by Lee Joo-tae (fifth from left), the director-general for inter-Korean exchange and cooperation at the Unification Ministry, meets with their North Korean counterparts to review the Masikryong Ski Resort during a…

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South Korean Authorities Points its Searchlight on the Bank Accounts of Cryptocurrency Exchanges

January 11, 2018 Ogwu Osaemezu Emmanuel There has been a lot of ‘scary’ news from South Korea concerning bitcoin and cryptocurrency regulation in recent weeks. Just yesterday, the South Korean Financial Intelligence Unit and Financial supervisory service said they would jointly inspect the bank accounts of cryptocurrency exchanges in the country. One Week, One Trouble…

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Russia and Venezuela’s Plan to Sidestep Sanctions: Virtual Currencies

By NATHANIEL POPPER, OLEG MATSNEV and ANA VANESSA HERRERO JAN. 3, 2018 People waiting outside a bank in Caracas, Venezuela, last month to exchange the Venezuelan bolívar for a new local currency. Venezuelan officials have plans to go a step further with a virtual currency in order to circumvent American sanctions. Credit Federico Parra/Agence France-Presse…

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