financial sanctions
Coverage of financial sanctions in the Nexus archive.
- My life as a Russian exile in Paris: 'Becoming a customer of a French bank when you come from Moscow is a real feat'
Elizaveta Osetinskaya, a Russian journalist in Paris since 2022, faces challenges opening a bank account due to French banks enforcing financial sanctions against individuals linked to the Kremlin. The article highlights the difficulty for Russians in navigating French banking systems under these restrictions.
- The Iran conflict has become the new Cold War
The Iran conflict has escalated into a Cold War-like stalemate marked by financial sanctions, military posturing, and stalled negotiations. U.S. President Trump is torn between military action and economic pressure to force Iran into nuclear concessions, while officials warn of prolonged regional instability and rising energy prices. Iran has proposed a deal to reopen the Strait of Hormuz in exchange for the U.S. lifting its blockade, but no agreement has been reached.
- The US froze 344 million USDT to punish Iran but they could not freeze BTC
The US government froze 344 million USDT (Tether) as part of sanctions against Iran but was unable to freeze Bitcoin (BTC) holdings. The action highlights challenges in regulating cryptocurrencies for geopolitical enforcement.