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Cryptocurrency

US sanctions seek to disrupt Hamas’ revenue, US Treasury says

A bronze seal for the Department of the Treasury is shown at the U.S. Treasury building in Washington, U.S., January 20, 2023.  REUTERS/Kevin Lamarque/File Photo Acquire Licensing RightsWASHINGTON/LONDON, Oct 18 (Reuters) - The United States issued sanctions on Wednesday aimed at disrupting funding for the Hamas militant group after its deadly attack in Israel, singling out people involved in its investment portfolio and a Gaza-based cryptocurrency exchange among other targets.The sanctions, announced as President Joe Biden visited Israel in a show of support, targeted nine individuals and one entity in...
Currencies

Sterling ticks up after UK inflation data marginally tops expectations

A bank employee counts pound notes at Kasikornbank in Bangkok, Thailand October 12, 2010. REUTERS/Sukree Sukplang/File Photo Acquire Licensing RightsLONDON, Oct 18 (Reuters) - Sterling made slim gains on Wednesday after data showed UK inflation held steady in September, though above expectations for a slight retreat.UK consumer price inflation held at 6.7% in September, an 18-month low, showing no acceleration. It was, however, above expectations for a retreat to 6.6%.The pound by 0842 GMT was up 0.15% on the day against the dollar at $1.2205, having earlier risen to $1.2210...
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