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October 18, 2019
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CNBC Business

US charges Turkish bank, linked to Giuliani client, over Iran sanctions evasion scheme

CNBC
Federal prosecutors in New York announced charges on Tuesday against a Turkish bank with ties to a gold trader connected to Rudy Giuliani, accusing the financial institution of a multi-billion dollar scheme to evade U.S. sanctions on Iran. Source link: Click here for more
CNBC Business

China cryptocurrency may trigger globalization of yuan

CNBC
This becomes a mechanism by which (the yuan) can be used in everyday transactions all around the world. Jeremy Allaire CEO of Circle China’s central bank plans to launch its digital token through a two-tier system, under which both the PBOC and commercial banks would be legitimate issuers. “I look...
CNBC Business

France says it will block development of Facebook’s libra in Europe

CNBC
France’s Bruno Le Maire. Eric Peirmont | AFP | Getty Images France is taking aim at big U.S. tech firms again — this time in the direction of Facebook‘s proposed cryptocurrency libra. Speaking at an OECD conference in Paris Thursday, French Finance Minister Bruno Le Maire said libra would put...

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