The United States has imposed sanctions on the Russia-controlled Petroleum Industry of Serbia (NIS), prompting warnings from Serbian President Aleksandar Vučić of “unforeseeable” consequences for the Balkan nation ahead of winter, the Associated Press reported.

Pope Leo XIV has approved new rules that redistribute control over the Holy See’s financial investments, diluting the exclusive authority the Vatican Bank has held since 2022 and formalizing a shared model of oversight across church institutions.

China has quietly built a financial workaround allowing it to keep paying for Iranian oil despite sweeping U.S. sanctions, according to new reporting by The Wall Street Journal.

North Korea’s government-backed IT workers are quietly infiltrating global tech firms and contractor platforms, earning steady crypto salaries that are laundered through a sprawling network of intermediaries to fund the regime’s weapons programs, according to new analysis from Chainalysis.

French authorities are investigating a crude oil tanker suspected of operating within a “shadow fleet” moving Russian oil, after the vessel “Boracay” anchored off Saint-Nazaire, Reuters said citing the French Navy.

Tether, the issuer of the world’s largest stablecoin USDT, announced plans to launch a new U.S.-based stablecoin called USAT.