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The Libyan government asked a Manhattan federal judge on Thursday for permission to subpoena records from eight major U.S. banks in an effort to find and recover billions of dollars' worth of assets allegedly stolen by longtime dictator Moammar Gadhafi and his family.
The Libyan government asked a Manhattan federal judge on Thursday for permission to subpoena records from eight major U.S. banks in an effort to find and recover billions of dollars' worth of assets allegedly stolen by longtime dictator Moammar Gadhafi and his family.
Beijing is pursuing alternative cross-border payments channels built upon central bank digital currencies as a way to erode the dominance of existing arrangements that rely heavily on the U.S. dollar and U.S.-regulated entities.