On February 24 local time, the U.S. Department of the Treasury’s Office of Foreign Assets Control announced that, pursuant to the Countering America’s Adversaries Through Sanctions Act (CAATSA) and related cybersecurity sanctions, it had designated four individuals and three entities as “Specially Designated Nationals,” involving Russia and the United Arab Emirates. According to the announcement, the assets and asset interests of the sanctioned parties within the United States will be frozen, and U.S. citizens and institutions are prohibited from engaging in transactions with them. Some entities also face additional restrictions, including a ban on U.S. financial institutions providing loans exceeding specified amounts, restrictions on foreign exchange transactions, and a prohibition on U.S. persons investing in their equity or debt instruments. (CCTV News)