
Financiers Target Middle East Amid Sanctions-Evading Payment Technology
International financiers pulled the plug on a groundbreaking paytech system in the Middle East. This system, called mBridge, set out to revolutionize cross-border trade using digital currencies, bypassing traditional dollar-based methods. But recently, it got tangled up in Russia’s attempts to evade sanctions tied to the Ukraine conflict. On August 31, the Bank for International […]