The Courts of Appeal for the Ninth Circuit and the D.C. Circuit separately granted the Biden administration's motions to hold in abeyance the government's appeals of lower court injunctions of President Donald Trump's Executive Orders on WeChat and TikTok.
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President Trump issued an Executive Order directing ByteDance Ltd., the Chinese-owned parent company of social networking application TikTok, to divest its U.S. assets within 90 days.
A financial institution involved in travel-related and credit card services settled OFAC charges for violations of the Weapons of Mass Destruction Proliferators Sanctions Regulations.
In an Executive Order, President Trump blocked a Chinese technology company's acquisition of StayNTouch, Inc., a U.S. software company.
The FDIC technology lab published a guide to help financial technology firms and third parties conduct business with banks.