South Korea unveils sanctions on Russian national over North’s weapons programmes

SEOUL (Reuters) – South Korea on Wednesday announced new sanctions on two individuals and two entities over their alleged involvement in North Korea’s weapons programmes, Seoul’s foreign ministry said. The sanctions target Choi Chon Gon, a former South Korean national who acquired Russian citizenship, two companies Choi owns and a North Korean who supported Choi,…

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Crypto must end anonymity for illicit finance, U.S. regulator says

By Huw Jones LONDON (Reuters) -Anonymity is allowing crypto assets to finance illegal activities, a top U.S. regulatory official said on Tuesday, posing national security risks that must be addressed. Christy Goldsmith Romero, a commissioner at the U.S. Commodity Futures Trading Commission, said cryptocurrencies were being used to finance cybercrime with victimes including individuals, companies,…

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IMF urges BOJ to move away from yield control, prepare for future tightening

By Leika Kihara and Andrea Shalal TOKYO/WASHINGTON (Reuters) -The Bank of Japan should start preparing for future monetary tightening by moving away from its yield control policy, the International Monetary Fund’s chief economist Pierre-Olivier Gourinchas said on Tuesday. The remarks came ahead of the BOJ’s closely-watched meeting on Friday, where the board will release fresh…

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Disney v. DeSantis judge called Florida governor’s law ‘dystopian’

By Tom Hals WILMINGTON, Delaware (Reuters) -When attorneys for Florida Governor Ron DeSantis appear in court to defend against Walt Disney Co’s lawsuit that accuses the Republican official of weaponizing state government, they will see a familiar face, if not always a welcome one. U.S. District Judge Mark Walker in Tallahassee has struck down several…

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