Sentences with phrase «bypass international sanctions»

Last year, two lenders were fined for allowing clients to bypass international sanctions preventing payments to North Korea.

Not exact matches

Treasury's Office of Foreign Assets Control added six individuals and 10 companies and other entities to its sanctions list, saying they have helped people previously penalized for North Korea's weapons development, facilitated North Korea's energy sector and enabled entities to bypass sanctions to get access to the U.S. and international financial system.

With Bitcoin, Iranian citizen could easily bypass economic sanctions and be able to conduct international trades.

It is believed that the cryptocurrency will allow people that live in countries with oppressive governments to bypass harsh regulations and sanctions and be able to pay for international services and goods.