Browsing: sanctions

The Federal Communications Commission (FCC) is probing Chinese companies, including Huawei and ZTE, to determine if they are attempting to circumvent U.S. restrictions.

Tether, a stablecoin, has blocked digital wallets on the Russian cryptocurrency exchange Garantex, leading to a suspension of operations after the exchange was sanctioned by the EU.

Russian oil companies are increasingly using Tether to facilitate cross-border transactions, circumventing Western sanctions and establishing a more independent payment system.

The U.S. Fifth Circuit Court of Appeals overturned sanctions imposed by OFAC on a decentralized cryptocurrency mixing service.

Russian lawmakers have passed a bill allowing businesses to use cryptocurrencies in international trade, aiming to circumvent Western sanctions imposed after the invasion of Ukraine. The law, expected to take effect in September, represents a significant shift in Russia’s financial strategy.

DeepSeek AI, a Chinese startup, has rapidly gained attention for its impressive AI models, including the upcoming R2 upgrade. Despite US sanctions and limitations on hardware, the company aims to compete with industry leaders like OpenAI and Google. This article explores DeepSeek’s rise, its unique company culture, and the challenges it faces.